We are "driving for dollars" frequently these days.

For example, you can lend at 10% interest for 3 years and not worry much about the deals as you're secured by property not requiring frequent analysis.OR, you can hard money lend at much higher rates of return ...e.g. 25% per year.  

This is an individual that is frequently called by attorneys who ask Rick for advice on a case.

I am up and back from OH to GA on occasion and will begin to make more frequent trips to network and scout as summer of 16 gets closer.

A C-Corp will pay corporate taxes on income, but it may be more frequent than once per year.Real estate flipping income is not treated any differently than any other business that buys and sells inventory (shoe store, restaurant, car dealership, etc).

Evictions and turnover do happen more frequently due to tenant selection pool.    

Do you live close enough to drive by or visit the house frequently to make sure of its continued condition?

Seth B.We would normally follow the approach Marcia outlined above - take a holding fee (non refundable, but transferrable to their security deposit if a lease is executed).We frequently rent to international students (dealing with two in Germany and one in Australia at the moment).  

Is it common/discussed on BP frequently?

Umbrellas frequently won't cover anything your initial policy wouldn't cover.