Hello BPers, I've been a little dormant on the forums of late.... work and things seem to get in the way more than I should allow. Anywho, a little about me... I began investing in real estate two years ago..... each ...

Comparable properties in the neighborhood are being torn down to erect bigger structures, but that's not my wheelhouse.

How would you go about structuring this?

Is there something I am not understanding about how this exchange is structured? 

I'm hyper-sensitive to ensuring that all structures/operations are legal, particularly for tax purposes. 

You must keep the ownership percentage the same at all times and all income/expenses must be split according to your ownership percentage.Be sure to seek help of a professional who can guide you and structure this correctly so you can avoid violating prohibited transactions rules:https://www.irs.gov/retirement-plans/plan-particip...

Advantages to neighbor:  No management company/fees, can do maintenance/repairs himself.Question: Am I better off selling the property or trying to structure a lease option to nurse some sort of cash flow? 

I use the BRRRR method with extensive rehab and low purchases costs so my cash outlay is 100% covered by the mortgage, which bumps up the CoC quite a bit ;) putting 25% down is more common, but treacherous

I understand structural components, city code, foundations, going rate for trim, paint, drywall, roofs... you name it. :-) just haven’t been on here in a while, due to working.

Hi, if you pay cash for rental and do the BRRR method, can you get the loan for LLC