After reading your post above, I would love to know what you would suggest as far as RE education for us and if you have any prior posts about this, just point me in their direction.

Here, licensee disclosure as a principal must be made "prior to entering negotiations".  

Buying, I sometimes do two, one at contract and one a few days prior to close, agents dump bleach in for a good test.If you bump into a shared well or septic, make sure there is a well/septic agreement as to maintenance and upkeep that has been filed for record.

@Will Wu - I may have admonished you prior for hitting her hard, however you are now "in play" on this deal until either: 1) the property changes hands with another buyer, 2) seller informs you that your offer is not accepted 3) you decide to walk.This being said, you're just frustrated because this is not progressing along your choice of a timeline.

It is not that hard but their tutorials can give you better instructions then I could.

George:  I can't find our prior post regarding Lake Havasu City, but here is some information on summer vacation rentals. 

To build trust and a good reputation, most crowdfunding platforms are being very careful to adequately vet investment sponsors prior to allowing them to post they're deals.

I'm not one to generally take to heart what other people say that are either a) not in my shoes or b) don't have words of wisdom from prior experience but I've been running into this a lot.  

I doubt you'll get it, though.In the future, you MUST draw out your partnership agreement prior to getting into bed with someone.

Under the Form 2553 instruction (http://www.irs.gov/pub/irs-pdf/i2553.pdf) sheet, it gives who is eligible.