On day one they just chanted about how much money you can make and had hard money lenders pitching loans to us.

If it's the latter, you're really, really effective at telling people what they want to hear to move money from their pockets to yours.

And planning to take rent via cashier check/money order. 

We renovated property doing all the work ourselves so I'm not sure if we can factor in our labor into the money we put into the property, not just materials?

Money from an old 401k can be moved to an IRA.

If they do not qualify for conventional loans most private money are business purpose loans and require you to put it into an LLC

Hello all,I recently sold an online company I started 8+ years ago.

Prioritize education through online classes and local meetings, cultivate a network of experienced professionals, and stay current on market trends and rehab prices to ensure successful transactions.

Subject to seems to be more ideal to avoid any confusion over ownership, but it sounds like a pretty involved process that could cost time and money (whereas the other approach is free and simple).Any insights/advice would be appreciated!

Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.