We have a duplex in North Haven under contract  and a SFR in Branford rented.

I have listened to at least half of the BP podcasts so far and have read Rich Dad Poor Dad, The Book On Managing Rental Properties, and a few others in preparation for my first real investment.

My tenant has been with us for a year and a half.

I've scoured ROAM, the County Clerk's office, google, linkedin, and a variety of other websites trying to find office or contact information. 

But, I am fortunate to have family and friends around me who would be willing to participate in an investment with me and a close friend (recent graduate as well) taking the lead. 

I'm not going to even bother looking at their site.....you don't get an unsecured cash line of credit for $60k without some substantial/decent financials, and a business history.....period.

I find that strange considering that the REO stated it would qualify for a 203K loan program and required the purchaser to only use that program for the Homepath if there was a loan involved.The reason it was questionable was it was a lot with one address that held two houses on it (a main house and a mother-in-law like guest house). 

There is likely a misunderstanding with the information provided to the CPA, so being able to review the code will help provide clarity and a meeting of the minds.Interest on rentals is considered "business interest" and is fully deductible regardless of whether an entity is used.

The problem is that I am out-of-state, would need funding, and a partnership with...preferably...a local, trusted investor there.

I've been a carrot customer for ~4 mos and think they have great tools and a great platform.