Just trying to get a sense of this.If I were to flip one house that I bought under my name and sell under my name.And if I have a regular full time w2 job.Would that mean that the flip would be considered short term capital gain and taxed at regular ordinary income but that I would not be considered a dealer and - as such - would not have to pay all the self employment taxes involved with that?

There's also the dealer tax, which would be applied on top of the short-term capital gains rate. 

Much easier and actually turns out to be better cashflow.I had enough drug dealing, shootings, assaults on the managers, stolen autos, keyed cars, graffiti, and verbal altercations to last a lifetime.There was one manager that was very successful with the residents. 

AT that time I started to purchase mobile homes from dealers and installed them in my park.

Just make sure you view yourself as an investor and can't get tagged with the label of "dealer in real estate".

HOA's are no different than single family homes that could need a roof replacement, an unknow code violation due to structural/electrical/plumbing issues or a drug dealer that moves accross the street after you acquire the property.

Jeremy, i simply don't want the liability of potentially being personally accused of 'id theft' and the likes of 'negligent enablement' thereof in today's highly litigious America where it seems like 50% americans are prescribed some sort of psychiatrics drugs and the other half on recreational ones; and the average civilian being practically a professional 'crisis actor'. frankly, and im not even kidding, 10-20 years ago it used to be that young adults wanted to be rock stars. now its practically like every one wants to be 'lawyer'?

It is known to be a lesser section of the town and has occasional drug bust etc and I'm not so sure which way the development is trending.Property: 3 bedroom , 1.5 bathroom townhouse List Price: 115kARV: 120k Rehab Costs: 20k (bathroom remodel, carpet, painting)Rent: $1350 (this is a fairly conservative number)I currently have an offer in at 90k that was countered to 110k and I am trying to find my best offer on this deal.Cash flow:Numbers considering 100k purchase price and seller paying all closing costs. 

I have a good paying W2 job(>$30/hr) as a poker dealer in Pittsburgh.

The program primarily helps grandparent gain legal custody of grandchildren when the parents are incarcerated or running and drugging.