Stephen,If you're talking strictly about moving properties, Matterport is a good technology to look into.

Split down payment and cash flow 50/50 (no loans strictly equity partnership).

@Andrey Y.The HELOC interest is not deductible, unless used strictly for business purposes, such as buying a rental property.

Please forgive on these posts, they are strictly from my Note 4 Cell, my MacBook is useless in the Radiology Department. :( Thank you Steve & Matt, I'm pretty excited about this first OOS Investment!

Even if it is accurate, will I need to go strictly off the listed valuation of the land considering the re-sale I am anticipating? 

Usually, no good reason.Then the question of creating an LLC is strictly legal protection - which I will leave for attorneys to muddle. :)

Not to mention they are much more strict and are much harder to get loans with.

I would be very careful with this situation, some onsite managers are not the best and are very cushy with the tenants and aren't strict like they should be.

Do you only want strictly cosmetic fixes? 

If you want it strictly to rent it at full occupancy, they want you to put more money into it.