You have to use a qualified intermediary who will guide you through the maze of rules and regs. 

I would find a small business tax person who is cheap that can guide you.

@Grant Greene will talk to you and guide you how to build credit.

I was hoping to get some professional opinions on the following renovations: Staircase (3 apartments), kitchen cabinets, floor, boilers, a single siding beam that is completely misplaced. ( New Heven, CT)

I was hoping to get some professional opinions on the following renovations: Staircase (3 apartments), kitchen cabinets, floor, boilers, a single siding beam that is completely misplaced. ( New Heven, CT)Shahar Joseph

I would rather take 5% ownership stake where that can grow and appreciate with the asset.As a guide, the company I first ever worked for: the founding principal put 10% into the first deal and had a 20% ownership stake. 

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Here're additional guiding posts for you and food for thought: https://www.biggerpockets.com/member-blogs/10850/87253-should-i-scale-my-investment-from-single-family-homes-to-multifamilyhttps://www.biggerpockets.com/member-blogs/10850/86621-six-steps-approach-to-getting-started-in-real-estate https://www.biggerpockets.com/member-blogs/10850/85836-should-i-buy-a-turn-key-property-or-invest-in-a-syndication

Please guide how to handle it properly?

Otherwise, there are plenty of ways to go.I hope this helps guide you.