What about the one you sent him was he not interested in?

You also need to keep entities solvent, they must be reasonably funded as to the scope and purpose of business conducted or expected, that can be significant for a real estate operation.Many have a false sense of security operating behind an entity, financial and legal compliance does not change at all based on any structure of an entity.

I welcome all advice on this scenario and on how to identify a mentor in the Wash, DC area.

Purchase price was $60,000 plus seller's closing costs.The plan is to replace the carpet, paint the interior (most importantly remove the wallpaper), and paint the trim and shutters on the exterior (and pressure wash).

Profits are $10-40kishIf you are doing a pop top in a hot neighborhood (wash park, highlands, lohi, etc), that takes a large degree more capital, borrowing, rehab, experience etc.  

Yes;  you are well solvent and servicing the loan perfectly well.  

Within 2 months 5 other people move in, 3 sons and girlfriends with 2 of them, a dog and a washing machine. 

Going 30 days late will probably smash almost 100 points off by itself. 90 days late is going to be rougher still.2) 1099, Is It a Wash?

He practiced even harder grew to 6 feet 6 inches and within the next two years became a high school All American.He went on to establish a distinguished career, which included hitting the last shot to win the NCAA college basketball championship, winning 6 NBA titles, 5 league MVPs and a slew of other accomplishments.Why was he such a winner?

Wednesday morning I decided enough was enough and I called him and laid into him about where my appraisal was. He