Are the days in the contract calendar days or business days,?  

Do they value nicer finishes and design or is that additional cost lost on the typical tenant in that pocket?

However, be mindful of the Section 461 business loss limitation, which could restrict your ability to deduct excess losses in a given year, depending on how your rentals are reported.This post does not create a CPA-Client relationship.

You don’t want your lender to go out of business while still holding your construction escrow funds.Can you provide me with the contact info of some recent borrowers?

Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

I took two business law courses in college. 

Of course don't go there just looking for business, you go because you believe in whatever the group is doing. 

You have a job that keeps you busy, but you want to start creating wealth through Real Estate.  

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

So if you are in a 30% combined tax bracket you get an additional $3K due to write offs.If it is a rental, you can write off the business expenses and the depreciation on the non land valuation.