I'm stuck with option 1, below, but I know that there must be at least a few more things I'm not thinking of.Option #1: Offer to take over seller's current loan (retain current terms) AND create a 2nd loan that the seller would hold himself? 

You can also depreciate and have all other kinds of IRS-approved savings to assist you from a tax liability standpoint, but you can retain the value and promise of future income as well.

@Anthony Gayden As my workload increase I'm sure we'll add more people, the big thing being just to figure out what point that is and to retain profitability/margin on all our properties/rentals.

Can you borrow from a bank or private lender to build a spec and retain all the profits yourself?

I like the fact that you are retaining control by building your own team.Much success to you.

My first question is regarding the rehab process...when you say the seller is interested in just having you come in to do the repairs, do you mean that they would retain ownership/title to the property while you rehab it? 

I was recently separated because of some torn muscles in my shoulder so time to start the civilian life.  

If you have time consider spending 30 minutes for 30 consecutive days on Bigger Pockets.You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.Brandon Turner mentions we are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

You will receive an Addict award along with a habit; as well as learning and retaining added useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing. 

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.