@Tim Hoffman - Thanks for the tip, I haven't heard of the "stepped up basis" before, a quick wiki and this is absolutely something I'll consider.I keep coming back to the partnership solution like you both mentioned.

Thanks for the welcoming comments.I have been watching the webinars and listening to the pod cast, getting info. and tips from BP are very helpful and inspiring.

Ok, now that you have taken your initial step, below are some quick links to get engaged.Since you expressed an interest in buy and hold, I added two guides below on this subject, as you wait to be locally connected.http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (house rental guide)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property) http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REI)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

@Benjamin Von Blon Our office has moved - we're just 1 block south and 1 block west, at 753 E Broad St.

IE-FHA 203B with Repair Escrow financing availability is subject to buyer's appraisal. Can someone explain what this means? There is a Hud home listed for $6100. And should a 203K streamline be done instead? Ive heard...

I'd recommend reading Elizabeth Colegrove's book "The Everything Lease Addendum" there's a lot of great tips/wording on what you should add to your lease agreements.

E of your tax returns. 

Surprises are still there, it is unavoidable, but being able to look at the two sides of the coin now, we can help the investor prepare for that.In Addition to these tips, I have uploaded some files in the File Place here on BP, that I find it useful to all rehabbers.

Your time here will be well spent.You expressed an interest in buy and hold, as well as multifamily, so, I added a few links on those topics http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (house rental guide)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex) https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

I've already begun investing with a retirement account so for me this is the next step.If anyone has tips or suggestions for me I would love to hear them!