Once the originator can see the full picture, they can advise if it would be advisable for you to apply sole and separate.

Then in a separate transaction to pass ownership, sell the LLC to a rehabber or landlord and they have most of their work for taxes already done.Also, to HUD, the ownership of the property doesn't change because the LLC still owns it.

I probably could've finished in 4-5 months but we purchased two separate fourplexes that derailed me a bit.Let me know if you have any other questions, I would be happy to answer them.

Many newbees will contract it all out to a single contractor to get the job done, but in my opinion, if you contract each out separately that you will end up with a better product with higher end finishes and accessories.

I am a current owner of 9 properties here in the South KC area as well as 1 in North Carolina under a separate company.

So I think this is somewhat of a regional question like Jon alludes to.However I always look at personal residence separate from business and I buy purely on emotion.

Keep the security deposit in a separate account as well. 

Since a divorce in general means both parties are going their separate ways, they generally want to maximize the proceeds from sale, so again, likely not a substantial discount unless it is warranted.What the OP needs is an experienced partner frankly.  

Hi Steve, I'm assuming you have 2 separate QB files, one for each company.

A lease and an option are two separate equitable interests in a property that use separate instruments.