@Samuel MedinaConventional wisdom would probably say that, all else being held equal, the more units you can get, the better as you will likely tap into greater economies of scale....resulting in a lower cost structure...and a higher return on your investment.

Ultimately the business and the assets within it will be left to us down the road, so we will get paid to build and maintain it and have a ton of equity waiting in the (hopefully) distant future.If you are someone familiar with this area I am very open to paying for a consultation to brainstorm potential structures and setups.

@Tyler Warner If you have a good structural engineer, I would have them take a second look to make sure.

How did you structure the financing?

In particular, I'm thrown off because there is no structure on the lot to be renovated when dealing with wholesaling lots.

STR will still offer rental income and you will hopefully have a good CPA who will structure your schedule E correctly for standard deductions and showing a positive net rental. 

I KNOW a lot of you are going to be like “well that’s a very broad category”😆 I get what I’m trying to say is that, my mind is kind lost on how to structure what deductions under which label (very general) but what if it was for an “unusual” purchase.

However, I see 2 other critical roles missing one is a rock star CPA - to help guide me on the best way to move and frame out this company/money structure.

There's no formal partnership or payment structure, just a kind of deal by deal agreement we discuss.

Now, if the asset has a serious structural issue or if you discovered a significant number of down units not disclosed by the seller, then a retrade on price is appropriate.