I've entered into partnerships where I'm the managing partner and I need help to make sure I'm reporting the financials correctly.

This repair took place over the course of 3 weeks and we received no communication about it and were never asked to approve the expense.

@Mike Stadel Check this group out: https://syndicationattorneys.com/*I'm not sure if they are able to do South Dakota, but if they don't I am sure they can point you in the correct direction.

You can use the VA loan to buy a single family home, duplex, triplex or fourplex if you're moving into the house or one of the units (for the multi-family).Lenders... please correct me if I am wrong, but I don't think you can do mutli-family with USDA loans.

Bank is correct.

Yup, that's correct.

Is that correct?

@Sharon Rosendahl you are 100% correct that if your state has a lower tax rate than the state you plan on investing in it should be a concern. 

@Ryan Moret The first thing that jumped out at me was that foundation work was done in 2008 and 2012.Presumably, the 2008 work corrected whatever issues were present at that time. 

Lending money can not be a hobby it must be run like a business. it is very important to lend money  correctly otherwise it can be devastating.