I know you and your partner will benefit greatly from the tools and the knowledge and the support you will find.

I am wondering if there are any benefits of setting up realestate as a LLP or a corporation over not.

We want my Mother listed as an owner and I am not sure if listing me as an owner will be a benefit when she passes or not.

If you are going to get a note on an out-of-state property, why not just buy an out-of-state property and get the same returns plus the over-so-passive tax benefits (cash in your pocket) and equity build?

Anybody know what the limitations/benefits are of a vendor like this?

If you are confident in the area and the market maybe then this will benefit you.

With 100K you could purchase and rehab a couple of properties simultaneously, as this is the benefit of hard money financing.

What is the benefit of having the private access?

Not only can you have all the benefits previously mentioned but you can sell at a higher price than market when following a Lease Option with Owner Financing and you don't have to worry about third party approvals such an appraisal when selling with Owner Financing.What I've found in Texas, and don't know where to find in your state, is something that super charges my owner financed sales. 

I think what you are asking is whether or not there is a benefit to converting your passive rental income to earned income in order to establish a work-history, no?