This includes PAR and NAR fees. you may be able to find a board/broker that does not require PAR/NAR which could save about $300/year but would limit your other benefits.

I am looking at about $20k in repairs but will try to get the price adjusted to reflect this or I walk away. 

Would be great to find accountant familiar with real estate and how can maximize business set-up as well as tax benefits for real estate investing. 

Do the leg work for them online and see what benefits they can receive. 

You can always go back and adjust the plan.

That way, you can understand if yours is a seller's market and predict fluctuations in order to adjust your timing when listing your property (spoiler alert: we can't really predict the future, but we can certainly identify trends and be more prepared than others);2) Consider potential uses: Depending on the demand in your area, converting a 4-family into a 2-family or single family home before selling might translate into higher and more profitable offers.

I think the benefits outweigh the risks.

Here are some benefits to think about:1.

Where as if you hop from one lender to the other yes they may offer 12% compared to 13% but is that 1% really going to benefit you more than building loyalty and trust with a company/lender that will save you 10% interest down the road?

One more thing, if your mentor doesn't own a title company, how are they benefiting?