There's no reason to provide details, though I do let people know if anyone asks that we do not accept bulk up-front rent payments or anything like that because I absolutely do not want a prospective tenant to think that someone else swooped in with a bunch of cash last minute.

It's great that you have a big heart, there should be more people like you!

DM me if you would like to have a conversation and I can guide you to people I know in the community that could help.

A lot of cities require you to get a work comp policy if you are an owner builder unless you hire all people with their own policies.

I've also held of holding properties in individual LLCs that are owned by one S corporation, which allows for a 60 / 40 split between ordinary income (regular tax) and dividends (capital gains tax rate).With the goal of minimizing taxation and liability protection, what would be the recommendation from more experienced people here?

Give them a couple of options, they already know the unit got foreclosed, most people move to avoid the hassle. 

There are some people that get lucky and earn cash quickly, but they generally hide the fact that it was pure luck or how much work was involved.

I am in talks with a couple people now.

Very, very few people keep the same loan for 30 years. 

The founder appears to have been involved in businesses outside of real estate: ‘My dream is a locally made grooming products business’ | People | nashvillepost.comSo it does not appear there is a lot of track record there, but those are questions I would ask.