REI acquisitions will primarily focus on single family and multi-family opportunities with emphasis on cash flow producing properties.

This is the manual produced by the NWFA.

However, I'm having trouble even finding a real estate attorney who will help me draft a note. 

If it's nice, then start showing as soon as you get the dissolution signed by all three parties.If it's not, tell him he's on the hook until you can get a new tenant, and that you have to repair the property back to their move-in condition before you can start to show it.Their problem is not your problem right now, but if he's having trouble paying the rent, it soon will be.

We negotiate with debtor tenants to mitigate the loss involved with the eviction process and return the unit to producing an income.

Take the remainder and attempt to get a 30k loan (totaling around 55,000) and purchase a couple more lower end properties but all will produce some cash flow.

They can help guide you and keep you our of potential trouble.

Not trying to get in trouble here.Thanks!

That's why I suggested a bigger multifamily, they are income producing, unlike a primary 1 unit home that is income consuming.

If they give you any trouble about starting out with the title in the LLC's name from the start, find another bank.