An LLC does nothing for tax treatment or business classification.

The seller applied for RM1 classification but never obtained any permits to do the work of flipping the home from single-family to multi-family.

Most "dangerous dog lists" are itemized by breed: rottweiler, pit bull and pit mixes, German Shepard Dog etc… You could request your tenant pay $69 and have an objective DNA classification of what breed he really is.  

Also, using a nonprofit classification was another excellent idea. 

Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors

Definitely see that ABC neighborhood classifications have huge swings in prices in different markets.

@Stanley A.This is probably a good summary:Note: all other posters please correct if any the classification below is incorrect.

If you end up building a structure under the International Building Code (most common code), most structures related to outdoor RV lots are in the Utility Occupancy (IBC Chapter 3 section312 https://codes.iccsafe.org/content/IBC2018/chapter-3-occupancy-classification-and-use?

Maybe it is time to find another investment class, if such a thing exists.This reminds me of some flippers I was working with a while back.  

Then when I have time, I can go through each one and classify if it was personal, charity or business (or many other classifications).