The fee may be levied at a maximum rate of 2% based on the income of residents and profits of businesses located within the boundaries of the Jerome Village Community Authority each as further defined in the Declaration.

He's on SSDI (Social Security Disability Income) at just under $1,500 a month and he wants to do some wholesales to make some extra income.Lets say he does a deal or multiple deals and makes any assignment fee on it/them and the profit exceeds 1.5k which is higher than his disability per month.

We joined Bigger Pockets to learn how to grow revenues and profits through the next several levels of business.   

If you want to make a business repeatable, scalable, less risky, and more profitable; you need to know what you are buying and selling or buying and renting.

So you are putting in various inputs/assumptions, like gross revenue (total sales prices of homes) less soft costs, hard costs, city fees, desired profit margin (i.e. 15% of gross revenue) = residual value (what the land is worth).

This sounds like a GP/LP Waterfall deal where there's a 16% pref and the LP (you) get 30% of the profits after refinance.

I would say credit partnership meaning that someone allows me to use their qualifying credit to qualify for financing at the same time they are an equity partner on the deal who I split profits with? 

All the rental income, appreciation and profit when selling is tax free!  

It has a lower turnover than STR but can bring in higher rent than traditional leases.Co-Living Arrangements: Renting rooms individually on a month-to-month basis could generate more income than a single long-term lease while reducing management hassle.Furnished Long-Term Rental: A furnished rental could allow for higher rent and attract tenants who don’t want the STR commitment but still value flexibility.Partner with a Local Boutique STR Manager: Some local companies manage STRs with lower fees than Airbnb's traditional managers and could help keep profits up without 20% fees.Hope that helps you with your decision!

I was furious, and wanted to walk on the principal of the thing, but my wife talked me down on the fact that even at $3k higher it would be a good house - and it has turned out to be, another $100k+ profit.