its a new age... one of my old friends has a little different NPN  company.. he buys bad credit card debt that has been charged off by the credit card companies.. but not discharged in BK.. just uncollectable.they buy that paper for anywhere from 1 CENT to 5 cents on the dollar.. then they where house it.its a long incubation as they waite until 6 months before the 10 year judgement sunsets.. then they go after them.it used to be only lexus Nexus  Like me they had an accuriant account. but now social media really outs these people.I can see how that would work in the NPN space at least you can get to next of kin and others quickly and with a few key strokes

Only a new construction or other extenuating factor would make me lower those values - I would rather have a hefty account set aside for big-ticket items than to pay for a new roof out of what I thought was my profit.I would usually balk at paying heat, especially since some of my tenants like to keep their apartments at 90 degrees (not a joke actually - I just about had heat stroke when walking into a unit last month). 

That's just a job.If holding, my LLC would be taxed as a partnership.Broad stroke generalizations from a laymen.

All investment involves a degree of speculation, different strokes for different folks.

I'm painting with broad strokes here as it depends on each persons goals and objectives. 

unfortunately, i suffered with a brain annuerism and a stroke just 3 days before i was scheduled for preventive surgery.  

Unfortunately, i had a brain annuerism and a stroke about 6 years ago when i was 54, just 2 days before my preventive surgery was scheduled.While recovering from that, i found BP about 22 months ago when i was looking for something to do that is more flexible and something i could do.  

He/she will be stroking their ego giving them confidence etc.

LOL but in all seriousness, it is different strokes for different folks.  

I think often these big flashy 600k flips serve to stroke the ego of the flipper as much as they are a business.