Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.

If you’re serious about buying properties and doing real estate, then I would suggest working with the CPA that understands real estate even if the services cost more than your average H&R Block or some TurboTax program you can buy.

I suggest creating a list of questions that are important to you and start asking!

My suggestion is to simply file the BOI requirement.

I’d really appreciate any insights or suggestions!

If you are someone who has a bigger portfolio that you manage I would suggest appfolio or yardi.  

I'd suggest a rental verification as well.

Hi Will in Chicago-Congratulations on having a paid off rental with 500K in equity.You are wondering what options may be available to put that equity to work and you are not interested in buying another traditional rental.One suggestion I would offer is to put some of the equity to work by becoming a private money lender partnering with an investor that would split the profits with you on short-term projects.You could turn that money over and over into the next project getting a higher return than the trapped equity and getting a lien position on the project property to protect your downside investing in a fairly passive way.To Your Success!

Bob,Do you have any names/suggestions of companies that offer "loan servicing software with modular pricing". 

When calling or visiting, are there any suggestions to get them to expedite this?