Hey there @Patrick Goswitz - It goes both ways....we personally purchase all the materials typically for our clients here in Chicago, but we also get better prices.If you find a contractor that allows you to purchase all the materials instead of marking up the material they'll just mark up their labor more -> I will agree it's easier to track and understand costs as an investor if you know these numbers better, so I'd push for that or find a transparent general contractor, like us!

That would raise suspicion to me that they are not paying their appropriate taxes but I would check with your CPA about it.Using your money without consent, that is also a problem but that maybe part of something you signed.Frankly it isn't that much of a hassle once you get rolling.

The thing that got this whole idea rolling is that California just passed sweeping statewide regulations.

Keep pushing forward; the sky's the limit!

So, they are missing out of 200 dollars a month for at least 4 years (and maybe longer depending on where rates are when the PPP rolls off) so that is at least 9600 in opportunity cost by taking a slightly lower rate at the beginning. 

Not likely, you rolled into this like a new person would have. chances, are you spent years building up your network. 

Right now my dream is that 60% bonus depreciation means: my investors get 60% of their start up investment right back as a rolling tax credit - usable from year one?

Note: I put $240k as purchase price because the rehab is rolled into the hard money loan.

I guess if pushed to answer.....then yes, I'd rather move on than be secretive, less than upfront....or outright lie.

You can get the ball rolling using his techniques/ideas and then make sure your next purchase is in your LLC.