If you come across a deal that's a little too big for you to take down personally, Im always interested in Joint ventures if we can create a win-win

Any advice on how to get this venture off the ground?

But i know I can do it, so this will not be last venture.

And to *me* that seems more logical that doing a 'joint venture' between the two accounts.

Just out of curiosity I wanted to know if anyone actually ventured off and attempted or did the assignment.

Both were successful ventures in their own right...

. - The most effective thing I can think of as a non-attorney and non-CPA (so check this before you rock this) would be to have a Joint Venture agreement between your company and the potential partner's company in which your company contributes money to each project in exchange for repayment of principal amount (the loan for rehab) and 50% of the net proceeds of the sale.  

I would venture to say the investment was cash flow positive, but the loss cals from accelerated depreciation taken in the first year as a result of a cost segregation.

Every month, you will have to pay property taxes and, if you are not managing it yourself, someone to mow the grass and make sure the place is safe.This is our first venture into owning land, so I am happy to keep you apprised of how it goes

I would recommend finding a local RE Investor at your local REI meeting that would do a Joint Venture.