The options are A) treat the contribution as a loan, with 8% interest, or B) Profit sharing of a certain percent, or C) We partner up with weighted shares... like 20/80 with the understanding that he will provide ongoing maintenance. 

I have asked her if she would take me along so that I can learn the process.

That would still be capital gain since you owned the asset for over a year, and the REO was just a different stage of the process.

We can assist with the entire process, including the management of the property going forward, so please do not hesitate to send me a PM.Look forward to hearing form you!  

Currently in the process of renovating our first rental property. 

let alone if you dont already have the process started with a HML, you are a couple weeks out at least.  

I want to pay cash for it to simplify the closing process, and then come behind within say 90 days to put a commercial mortgage on it.  

I was wondering what the process of getting city hookups is?

In WA, it's a one-step process to make it official. 

What he mentioned was that if I attempt to evict on a rent to own contract, it’s a different process and would take much longer.