I had never used a power tool prior.

If you were able to increase the value of the property significantly after the rehab, then you could bring the deal to a community bank  to refinance and take the hard money lender out.You keep all the equity and don’t have to file a partnership return for your annual tax return, which can be costly.  

I just started using it and so far the owner info matches up with the county tax info. 

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

When they do get to responding back, no one seems to know what happened prior.  

You'll also need to show stable income for the past two years through W-2s or tax returns.Talk to 3-5 lenders to compare their rates, fees, and terms.

Most places in Ohio can be profitable rentals... if you can stomach those property taxes!

I make around $110k+ per year, live off around $75K, have a mortgage ($1900/mo for rent, escrow, tax), around $40K in equity, and no other debt. 

I know how to use the basic features of QBO, as I do my own expense tracking, but my Bookkeeper is needed for the more complex entries (Loans, capital balances, reconciliation, data entry from PM monthly statements.)I spend almost 8k per year in QBO and Bookkeeping costs (Not including my accountant or tax prep.)

Investors get stuck and cannot cash out because of tax complications.