My thinking is this leaves me with two paths: A) Best case is I pick up the foreclosure for $1M, immediately list it for sale at $1.6M or more and hopefully sell for a > $500K pretax profit. 

The reason is I want to separate my personal debt to income ratio from my real estate investing “business” and of course reduce personal risk. 

One option is I can cash out refi one property that has $400k in equity. 

My question is - is it more advantageous to have me own the business entirely so that I can capitalize on the tax deductions & tax refunds so that I can in turn contribute more capital to purchase future properties together?  

I wouldn't think is is worthwhile as you have so many loans at low interest rates; just sell and move on.Are you asking from a tax perspective?

I've even reached out to start designing the townhomes) My issue now is: i do not have a builder.

Land that is is between two MSA's is always good, as presumably those MSA's will continue to grow and everything else between them. 

1) I'll put the summarized list of MP activities at the end, but generally speaking the way to think about it is: "Is this activity/task essential for the operations of the STR?

Obviously the lower the price, the more attractive it is. I

Does your application ask what their work position is? Is