I'm not sure about the potential for liability in a wrongful death suit if somebody is injured or killed in the fire, but definitely would not want to find out personally, nor would I want to live with that on my conscience.  

The reason I did it is because I live in an area of the country that was exploding in 2016 and when you don't have to pay any capital gains on real estate inside a SDIRA that is a huge deal.

I live in a popular vacation town in the mountains of Western North Carolina.

My desire remains the same as it did when I joined, to try and build something with a partner that I can trust to improve the lives of my loved ones.

You'll need at least 125-150 doors to make a decent living, but you won't be able to afford much help. 

I am seeing a crackdown on STRs not so much as a result of any hotel lobby, but as a result of regular citizens complaining to their elected officials that they don't like living next to a hotel.Can't really blame them.

My wife's siblings have built 2 house on this land as there own houses they are living in The property is a total of 15 acre and each siblings got a portion of the property.

In California, where I live, it could take a long time.

BUT, I am sick living in construction and would like to move to a new home and then finish fliping and sell or hold the two homes asap.

Unfortunately most CPA's have not lived through more realistic income tax bracket environments such as the 50s 60’s 70s and 80s……so what I’m saying here is not something that most investors, business-owners, high net worth families, or REI investors are thinking about.