All any of the respondents on this forum can do is make some very big assumptions based on the limited information you provided.  

Drop me a line anytime and I am happy to brainstorm possibilities, as well as provide you with revenue/occupancy potential for the various communities and home types.

I personally made the mistake of working with friends who provided contracting services for me and continually dismissed and ultimately gave them enough leash to hang myself on.

You might end up with less than your effort should provide, but that's the learning cost of the shaky deal.The bright side is that there seems to be several workable solutions, and the two of you are on good terms.

I’m calling them to see what’s the process of title transfer and to just to make sure there are no other liens on the house.

If you're interested, I would gladly provide information about the Kansas City market and the current inventory available.

The proposed changes would allow a duplex, triplex, or fourplex to be a (P) Permitted use in all single-family zoning districts: With Reno's significant land constraints and overall lack of inventory, I believe ADU's could potentially provide more affordable housing for tenants while allowing investors to be more creative with their properties. 

Then get hit with the capital gains tax, but then when you buy second property and live in there 2 years and sell, do you get to transfer over the 2 years no tax benefit since you did not use it on the first property?

PM's will use the portal to provide you with up to date communication, monthly and annual accounting, tax reporting and detailed annual reports. 

you can pull the trigger on the project by getting a construction loan that will refinance that will pay off the seller financing and provide 100% of the construction costs .