@Tiffany Da Silva Your proposed banking structure is effective for organization and profitability.

I do see some flip opportunities, but flipping is a job; stop flipping and the making of money stops,My next purchase is likely to be in a different market with lower profit expectations than I used to achieve in the San Diego market.  

Charlie - If you start an LLC as a single-member LLC the profits and losses will flow through your personal income tax return without filing a business tax return.

The goal is to refinance with equity after a year and then use the FHA to house hack again. makes sense. most of the profit is going to come from equity.

Constantly evicting people is expensive for a variety of reason and sinks profit.

If you can get gross development value then you can figure what the most you can pay to make the site pad ready, do vertical and still make a profit.

.: No longer a rule, just a ghost in the past, A relic of days when profits were vast.

I’m looking to do a few spec home builds a year, I’ll take those profits and build multi family properties for long term investments.

In today's world you need to be about 28-35% down on properties to be gross cash flow positive, closer to 40-42% to be truly net cash flow positive(i.e 50% of your income goes to maintaining the property, other 50% is actually profit).My recommendation is to buy ideally a 4/3 SFR that's a starter-friendly one in a good area, and rent it out by the room.

Title co reports to IRS, and you probably going to hit a snag when all your basis is $0 on every deal and every deal you do has big profits.