If you know of anyone who is adept at handling tax preparation and are in the Philly area please send me a message.

I would get him set up on automatic debiting service from his bank account so that it could all be handled remotely.

If we handle this well, this group will continue to be a wonderful network and resource for all of the South East Idaho Real Estate Investors and could grow to serve many others.

We handle anything from the tip of the roof to the tank in the ground and everything in between.  

Currently rehabbing the property with the small jobs being handled by him and myself before the professionals come in. 

If remodeling work is required then you might need a change of occupancy (don't know how Co Springs handles that - some jurisdictions don't concern themselves with that) which can be challenging.

I have asked area property managers how they handle this situation and they said they do basically the same thing.

If an attorney is handling the eviction let them deal with everything and limit your interaction with the tenant to just responding to urgent maintenance requests. 

I have handled a similar scenario through a JV agreement.Your friend can be a "consultant"/contractor you engage, and upon sale of the property he gets paid back $X (which includes his capital and profit%) and you 1099 him.Consult with your CPA.

speaking from experience I was audited 3 times in 6 years.. never once talk to IRS and my guy handled it for less than 1k each time.been with him 22 years.