If you are buying a house of any kind with mechanicals and roofs, you need reserves.

When Clark Griswold asks the mechanic how much is the bill, the mechanic looks at the gas station attendant, they both laugh, then looks at Clark with a serious look and asks Clark, “How much you got?”.  

A couple other tips;you can’t use the renovation loan to finance renovations to the commercial space. only exception is if you need to do repairs to the core structure or mechanicals that are integral to the building (ie, structural work, sewer lines, water mains)Make sure you work with a lender that knows how to do these.

Pay an attorney to write your operating agreement and then you can do the mechanics of the set up your state website as others have suggested.

I graduate from the University of Utah in the spring with a mechanical engineering degree.

Teaching personal finance, woodshop, home repair, car repair (the mechanical part) and cooking should be required at every high school.

I was having difficulty researching the mechanics for how to actually report to the IRS and on what forms.

In my opinion, you want something that will protect you, but is also understandable for everyone signing.Keep in mind that at the end of the day, here in Illinois, the state is generally contractor-friendly in the court of law, so making sure you document everything clearly with payment will protect you against any potential mechanics liens.We have had several projects that did not go perfectly here in Chicago because we overpromised and didn't keep tight enough documentation. 

Because if the mechanicals need protection from the locals, the renters must feel the need for protection from them also.Just my 2 cents.

But like I said, perhaps my folly is simply ignorance into crypto mechanics.