The person you mentioned has no formal credit background.

@Robert Trevino Right now in my market the cost to build is just so much greater than the cost of purchasing existing that unless you’re building a personal home no one is building.

My personal return is fairly complicated with Trusts, partnerships, W-2s, and several K1s.

Build a home and then purchase that product with a personal conventional or FHA loan? 

Recently she changed her will and named us as personal representatives and is leaving us her property when she passes(crazy I know).

This is an extremely important point, because if there is no clear rules defined by each person, then it can be confusing and lead to anger or resentment between partners.

The notice of a tax sale may not get to the right person to pay it off. 

o Commercial loan, sort of - they are 30-year fixed DSCR loans with private national lenders.o We close in an entity/LLC 99% of the time - very rarely do we receive a request to close in someone's personal name.

While I have solid income and good credit, I'm uncertain if I'm too new to take advantage of this opportunity.I'd greatly appreciate advice from experienced investors on how to approach this.

And the bank will need a contact person for security reasons.