Their loan officers don't typical specialize in this type of purchase and there are a lot more moving parts compared to a condo/SFH.What neighborhoods/suburbs are you looking in? 

You need a lawyer if you are doing anything special, but setting up a simple single-member LLC can be done DIY if you choose. 

Or they're related to them, or have a special business arrangement to have them look over their properties.

There are different ways to "abate" lead: replacement (completely replacing any surfaces with LBP); enclosure (lead paint is covered with a wall covering like wall paper); removal (sanding and chemically removing the LBP from surfaces) and encapsulation (covering the LBP surfaces with a special chemical). 

According to the IRS, "You must make a special computation to figure the maximum amount of elective deferrals and nonelective contributions you can make for yourself" when you are self-employed.More information can be found here: https://www.irs.gov/retirement-plans/one-participant-401k-plansIn essence, there is a circular computation that takes the 25% down to 20% when the income is from an entity that is not taxed as a corporation. 

Thanks in advance for your feedback.We have a few contacts at Midland IRA who also specialize in 1031 exchange that can help.

@Anson Young - we're a specialized turnkey company that focuses on coliving properties. 

I specialize in rehabbing SFRs for rental properties throughout Indiana which are typically <$80k and do not currently have a partnership with a wholesaler for a steady stream of deal flow.

As a realtor who specializes in this niche here in the Chicago burbs, I always refer this stuff right to my lender as this is what he does for a living. 

Please share the info if anyone knows any Attorney with excellent track record .Specifically looking for someone who specialize in partnership & JV real estate contracts.ThanksRavi Singh