@Chris RagerFor multi-member LLCs (and depending on the size of the project), you may want to work with a specialist for the operating agreement.

If you search agents in that area on Zillow, there is a box they can check about working with investors and that will come up in the search.

The IRS will receive a copy of your 1099.

Purchase price: $307,000 Cash invested: $118,000 Purchased in January 2021, we successfully renovated the interior and exterior of this home that resulted in a premier vacation rental property.

Our team redesigned the interior and purchased all furnishings and decor to give a stylish, comfortable environment for guests.

Our team redesigned the interior and purchased all furnishings and decor to give a stylish, comfortable environment for guests.

Big issue is who owns the dirt your group or the builder ?  

The cheap homes may look great on paper, but the costs are always higher and tenants more problematic.Selling one property to buy two can make sense when you have equity built up and room to borrow more money. 

The listing parties all seem to have 2024 accounts.     

I have a few properties at the Cape.