These forms provide a written confirmation of the terms of the oral rental agreement and help prevent misunderstandings or disputes down the line.By having tenants sign estoppel forms, you can verify important details such as rental amounts, deposit amounts, and any additional agreements or responsibilities.

Why can't you simply escrow the costs of the road repairs with the local government or provide them a letter of credit to accomplish this? 

I don't believe you could benefit from the capital gains exclusion.I'm also not sure this arrangement even provides you any real asset protection. 

Would be happy to provide any additional information as needed.

I would suggest after reading into all the information provided by LO's above, which I wont reiterate, to find a referral from other RE investors in your area for private money.

And has repairs listed at 16k-20k but from looking at the pictures provided I know it’s incorrect.

For example if you are putting in 10 washing machines you will need more hot water capacity then a residential hot water heater provides. 4.

You can find a house today that will provide you a place to live.

Happy to provide some resources if you need. 

My “clients-first” approach means that you’ll be working with a professional who listens to you, provides expert advice, and works hard on your behalf.