For that little amount of equity you have, not sure what you are trying to gain.

And much easier to run a gas line to the second floor than duct runs.Another benefit to these units is that they are super easy to work on (not many parts), so that could save you a call to an HVAC technician.All my rentals are single floor, and these work terrific for anything less than 900 square feet. 

Here is a blog post that Mindy Jensen wrote about the benefits and costs of getting your license.

If you want the benefit of not paying 20% tax on the money that partnership would pay you back, you have have to specially allocate rental income or set up the preferred return to meet your desired income that incorporates your repayment of down payment.I am sorry that new law made it more complicated.

You can ask for any concession; however gaining agreement may prove difficult.

Then take next best highest and use tenant and figure out rent per sq ft they could pay.You could possibly sell the land to an end user tenant, sell the land to a developer and make a spread, ground lease the land, or do a NN or NNN lease and construct the building.You need to analyze the tax implications of selling outright and paying higher short term gains capital tax versus developing and then converting to a new value created loan of 65 to 75% LTV.

If you sell it for $530K with $30K of closing costs then your net sale is $500K and you made $95K of gain. 

I hope to connect with a lot of members out there especially those out of Florida, also I've searched and scoured and I see no Gainesville RE meetups this needs to happen no one around me is as interested in this as me, and having liked minded people around will only benefit everyone around. 

He mentioned that a LLC may have some tax benefits but it’s not effective as a mean of asset protection.

My husband is in the reserves and has access to VA loan benefits, is anyone familiar with this and know whether or not the VA loan would allow us to purchase an entire duplex rather than just a home?