I'm not an attorney and my response is based on my experience handling title insurance claims for various underwriters for a number of years and buying foreclosure property in Fl.First, the answer to your questions will vary greatly based on the location of the property and the laws and prior court decisions which control the foreclosure process in that particular jurisdiction.Next, in a judicial mortgage foreclosure, all necessary parties, those who have an interest in the land, must be named in the foreclosure action and provided legal notice of the action and given an opportunity to defend their interest. 

Everyone wants to make money, no one wants or knows how to put work in (which is fine, I'm willing to), but by partnering with them, my costs go up simply by virtue of having to file more complicated tax returns (for both the partnership and me personally). 

A fundamental question made more complicated than it needed to be - What happens with financing when a BRRR deal doesn't pan out as expected?

The one complication is tenants that have had an eviction filed scrambling to find new housing before the process concludes...there is nothing stopping eviction attorney's from taking money and filing evictions...even if there is no possible outcome

However, it sounds like it may not be the best idea with the complications if I ever were to try to sell one unit.

. :)And my situation is even more complicated since I'm on the other side of the country quite literally, so it will be pretty hard for me to drop by every other day :)Another question I have is how many details an estimate should have.

I am afraid that it would be complicated to deal with the owner of the other half since it is duplex.

I was originally exploring S-Corps and C-Corps, but I think for just starting off with some small projects, it doesn't yet make sense to pursue a complicated structure.

Due to our claims-free history, we are in the process of switching our home, auto and umbrella to a carrier that appears to have the best claims record, which is key to us given the fire history in California where a few of our neighbors have had to go into the high risk pool.The complicating factor I face: we want to keep our options open to offer our home as a PART-TIME short term or corporate rental (so the average rental stay would be 30 to 60 days).

Due to our claims-free history, we are in the process of switching our home, auto and umbrella to a carrier that appears to have the best claims record, which is key to us given the fire history in California where a few of our neighbors have had to go into the high risk pool.The complicating factor I face: we want to keep our options open to offer our home as a PART-TIME short term or corporate rental (so the average rental stay would be 30 to 60 days).