Your husband would have to report the income and would be subject to any business licensing requirements of the state. 

In some cases, your lender may be able to assist (as a courtesy) to help you get the resources you need to get back on track (e.g., other borrowers in your market, contacts for tried and proven contractors, etc).Of all things to do, you should not hide and ignore phone calls.And last but not least, if none of that works, list the property in hopes to recoup your losses and let another investor take over and get out of the project and take the lessons you learned and apply them to the next one.

No but I would own the license and IP behind the plans

I am in the process of getting my contractors license, and i could have it in a matter of months.

Ive had my license for 6 months now an i just wanted to know how to navigate a market like this with very high prices.

My local authorities allow STR once I get the necessary permits and business licenses.

Hey Paul, if you are still in need of a Licensed NC General Contractor, feel free to drop me a message.

I don’t know if Patrick was completely duped by Robert as well, but I do know that when I make inquiries, Patrick directs me straight to REM and doesn’t address the issues himself.Patrick seems to be a very intelligent guy and, honestly, I still occasionally listen to his educational content, but I will never invest with him again. is he licensed series 7 so he can legally take fees or was he a principal or employee so he could legally take fees ? 

For illustration purposes the cheaper Delta fixtures most investors purchase at Home Depot or Lowes aren't sold at plumbing supply stores because Delta licenses these less expensive options exclusively to the big box stores (same is true for other manufacturers as well).

Im a licensed agent here in Pittsburgh.