The property does actually fall under 2 townships which might complicate this a little.

Hi @Britney Beverly, It's a little more complicated than a wholesaler buying the house, although sometimes they do.

Being that it was my first investment property I learned way too much to fit here but the main take-aways are:-Outsource complicated renovation work to a professional instead of doing it yourself.

Personally, I think it sounds too complicated. 

Also, when we were ultimately too large for Fannie/Freddie financing, we already had a terrific relationship with our commercial lender and easily moved properties into a portfolio note.The question of how any LLC income is taxed has a number of potentially moving parts and is too complicated for a forum, best referred to a qualified CPA. 

Make sure it doesn't complicate things with your lender, especially if you currently own the building directly 100% and are transferring it to a legal entity in which you only own 50%...

-Stocks: Stocks/ Equities are a bit more complicated than real estate but when done correctly could give you huge gain that are not often seen in real estate.

2 family unit, second floor 4 room 1 bath has 3 rooms rented, 1 room landlord lives in:some complications appeared and landlord wants them all out, as 2 tenants are withholding march rent (had some HVAC issues, no CO detectors etc but all that got fixed within 3-5days).

@Clarence Gong you need to use a specialist , virtually impossible to do it yourself Massively unnecessarily over complicated........find and pay experts to do it for you

You are making this far more complicated than it needs to be.