I can also advise on how NOT to do a partnership lol.

But, limited, either in education, training, or through policy or law of what he can advise on.

I would advise against using the seller as the property manager.  

My question may need to be better directed to an attorney but, maybe someone has done this and can advise. 

We’re also capable of performing concrete and asphalt work in-house.

They claim you can certainly work within your own networks / contacts to find a buyer but you may not advertise a MLS listing of another brokerage without their written permission.Read the above carefully and advise IF you have run into this scenario?

We weren't advised to add luan to level out the flooring and give the peel and stick a level base to start with until we had already started with the LVP. 

If you want to get the most out of a listed deal, I always recommend you approach the listing agent without using your own realtor, provided you have the know-how to negotiate, perform due diligence, and navigate the purchase process well.As an aside, I do not recommend buying a property for 230k, or even 200k, that is only renting for 2100/mo.

Thanks for the advise!

@Morgan Merritt MLS listings for investment properties usually include a breakdown of gross rental income, annual expenses, even cap rate right in the listing info, which should be enough to give you a snapshot of the (supposed) past performance of the property and run your own preliminary financial analysis.