I know 3 units and up require the hardwired smoke/fire alarm with horns and pull stations, but not sure about the sprinkler. 

Are investors able to pull all of their money out?  

This strategy would allow you to defer some of the capital gains taxes on the sale of the trailer while also enabling you to pull out some cash for your new business or invest in the six-acre lot.

But, when it comes time to put the deal together and pull the trigger: work with a seasoned real estate attorney with experience in structuring seller carry deals and writing thorough docs that cover your interests, especially with the "what ifs?"

You need to pull out your property disclosure statement and see if a case passes the sniff test.

Once you transition one of the homes into a full time rental you will reap that benefit by filing a schedule E at the end of the year.There are a few loopholes to consider like calling one home a "Vacation/Second home" which allows you to pull out 80% LTV with a better rate. 

It is amazing all the folks that want to do this but just cant pull the trigger . they will pay a guru 10 to 20k or more and have no funding..

Subject house math:-Purchase: $200k-Closing, rehab, to date carrying costs: $65k-ARV $400-425k-Rent $2900-3100-Taxes $9k a year-Insurance $1500 a year (Estimate)My math works out that if I refinance and pull all my money back out (LTV ~62%) I will have a total monthly cost (Tax, insurance, P&I) of about $2450 leaving roughly $500 cash flow assuming I manage the property myself.

so much private land has been logged and replanted since then.. in those days we would buy a 40 lets say for 150k  take 200k of timber off of it then sell the land on contract for same price then hypothicate the note to pull out more cash rinse repeat.. we also would use our logging roads and staging areas stratigically so when we left the roads were in the right place to do a 4 way lot split and the landings/stagging areas became the building pads.. in the NW permits for logging are not tough.. in those days it was over the counter and there was nothing you needed to do with regard to excavation.. however if I just bought the land and wanted to put in roads and pads then I would have had to get a grading permit and all the survey and engineering that went with it.. its was really something how we did that.. and I miss it to this day.. the other item that made it so profitable was Japan was paying premium for Export quality doug fir logs.. you could get double or more for export logs.

But he was trying to pull a classic move—waiting until the last moment to pressure us into lowering our fee, thinking that we’d be desperate to close and agree to his terms.But here’s the thing: We weren’t.Instead of giving in to his renegotiation tactics, we told him no.