Tenant wants to leave, so they claim mold and health issues.1.

This would be via STR loophole, not REP status. 

Current status is that the Dept of Health has not yet issued the Septic Permit yet.

. :-) I don’t have a coaching program I’m selling either.A little over a year ago, I started a thread about who was investing in their health.  

Based upon this fact pattern, do we qualify for Real Estate Professional status?

@Paul Zofsak how will you prove in court that the tree was NOT in good health?

Approved Septic System Design from Lee Health Department (8-12 Weeks) The clock for the commencement of construction starts once the slab is poured and approved by the city inspectors, this is detailed in Section 8 of your build contract.

If the health department felt that there was an adequate field to support septic for a larger dwelling, they would have said so from the very beginning. 

We are going to solve problems that we only dreamed of solving.All this will result in grossly extended health spans and lifespans.

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.