Good points, I would just insert that most delays nowadays are not the fault of the contractor, but rather the customer who is constantly changing things in the original scope of work.

If anything, a concerned owner would want to have a clear understanding of a PMC's screening criteria and fully understand the process - which we originally posted.

We just purchased a live-in flip that was originally a SFH, then was converted into a duplex, and we are converting it back into a sfh.

With Conventional, your brothers do NOT need income, do NOT need credit scores, DO need to be on the loan and live in the property for 1 year.

This helps give you a 30,000 over view of what a potential city/zip/street is like https://www.areavibes.com/It gives you a total livability score and this is the criteria I have come up with over time.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FCheers from Fort Worth, TX 

Originally posted by @JD Gunter:I use Excel to track ROI all the time.

I suppose you are referring to origination, right? 

I originally paid $250/yr, now its $10,000/yr and rising.

The interest rate they gave me at us 7.70%, 5/1 ARM, rent to debt service ratio is 1.21My credit score is 672.

Poor wording in the original post.I emailed the CPA and said that the advise does not seem to be correct and received the following response:"Forming an LLC alone doesn't automatically turn passive losses into active losses.