For anyone who has read my last few posts; I've been struggling with finding funding for a deal in my pipeline.It's an incredible deal: off market, with insane value-add potential, motivated sellers, under market asking price, and the ability to cashflow $2k+ after rehab.

Your paying for expertise, guidance and with the right person you will potentially save thousands in other ways. 

Thanks, after research, it looks like FNMA keeps the mortgages in something called an MBS trust, then writes securities off those trusts.

This would allow you to retain the benefits of a partnership while potentially offering more flexibility in financing options compared to an LLC.

Currently own my primary residence and 2 investment properties are a beach condo (short term) and single family home (long term rental).The problem is I run a successful business and have no time to do the research in new markets, deal flow, upgrades, making sure cashflow, property management, etc.I am also not a real estate professional.

Simply relying on an average CPA or general advice from forums may not be as effective in helping you identify and take advantage of all the potential tax benefits available to you. 

However, I can teach you the business fundamentals, and you could potentially help me with lead generation.

Extended holding of an asset without a potential buyer is very much holding on to hope.

The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.

After further research, I decided to pass on it.