Is it better to self-fund or obtain loans from hard money lenders? 

Read more books and listen to MFR podcasts.Join some free Facebook groups and or Find your self a mento.Let me know if you need any recommendations. 

I also look on sites such as Forbes and Business Insider about the best markets however, I would prefer to be more self sufficient than relying on blog posts from entrepreneur sites.

For example if Partner A buys a property assessed at 120k and partner B is assessed at 140k.

I will be self-performing most of the work for the first 2 or 3 and subcontracting work I cant do. 

-My numbers are kind of inconsequential because I self manage and run my own rehabs.

Some brokerages will assess a fee to recoup all the marketing to date, but at least you can move on.

There are 2 main tax reasons why you will want to use an S-corporation.1) Flipping houses either individually or through an LLC will generate self-employment income, which is subject to a 15.3% tax. 

That doesn’t even begin to touch on the other options; notes, syndications, trailer parks, self-storage, industrial units, retail..It can get overwhelming.

It sounds like the tenants have already self-selected that building, so it may not be feasible to change tenant type now.