Here's a breakdown:Project Details:Property Cost: $50KRenovation Costs: $30KResale Price: $100KProfit: $20K ($100K – $50K – $30K)For instance, if your regular income is $50K, and you add the $20K from the house flipping, your total income becomes $70K.

I review the subreddit inconsistently as well, but find myself frustrated with the lack of identity due to anonymous accounts. 

Ohio comes up regularly.

Your business is not the same as the person who came before therefore your operating agreement should not be identical either.

He regularly analyzes the best markets to invest in, including how fair they treat landlords.

If that is you, then a regular homeowners is the probably the way to go.  

Don't just let them write you a regular check and see it bounce when you go to the bank later, or initiate a transfer that can later be rescinded.

I asked her to send it certified mail and did not comply with those directions and sent it regular mail for her late rent. 

It is updated regularly (every 6 month I think?)

Financing is a different situation when you have entities involved, meaning that commercial loans need to be used rather than what you have already experienced with a conventional, FHA, VA or other "regular" mortgage.