My current job doesn't offer a match and I haven't been able to contribute to my Roth so this new strange space opened me up to finding the awesome community hereI thought I'd ask for some steering direction from those who have some experience so I can talk to a local professional (Dallas, TX) for the details/next steps.

Here's a handy timeline chart that I used yesterday in a post to show where an expense should be allocated depending on where you are in the process.There are a few other caveats regarding business trip deductions and start up expenses that you will want to talk to your tax professional about as well. 

I've heard its good to have an attorney look over them to make sure they are fair to both parties.

Hello everyone,I am in search of a strategy that will allow me to use my current network of professionals who are directly related to RE investing.

Long partnerships tend to get messy when each party has different situations arise in life

Just finished Flip #4 - sold without putting on market to a party interested in the project.

BTW, I'm working on a few MF 'deal' (transactions may be a better word;) proposals with other parties and the scenario is conceptually like yours, although I'd prefer to just get the K-1s and have everything (every deal) separate... hence the SPEs. 

Getting it professionally inspected is a must!

I guess communication with the other party is probably key to this as well. 

Meaning, they must alert the parties that the property is being bought and sold shortly thereafter.