I'm mainly looking to buy and hold (BRRR), but am open to flipping.

They need the properties in personal name, not under LLC in order to do HELOC.I am also open to the Cash out Refinance and trying out banks right now.

My CPA is telling me I should open a new LLC with the investor and then we all file K-1 docs.

More people would be opening doors and helping carry groceries :)

My vacancy opens up November 1st., but I need to find someone before July 1st.!

As with any business, there are strategies that can be employed to legally minimize the taxes, and that holds true for a flipping business as well.It's like saying "will people still open hot dog stands because of the taxes?". 

When I worked in Corporate America and a position opened up, the manager would always ask "who do you know" before advertising the job publicly (80% of the job market is "hidden" this way).

This past fall I created an LLC, opened a HELOC against my primary residence, and used that to help close on my first investment property (bank owned REO) in the Southeast quadrant last month.

If you're going to ask the question in a public forum you're opening yourself up to all kinds of nastiness from the IRS. 

@Daniel Spear Is he open to just selling it to you?