Are you going to run a full background check on these people or are you going to just risk your family with renting to a potential child molester or serial killer?

@John Michael RobersonI agree with @Kory Reynolds: tax-wise, it is a workable plan, as long as you are hands-off, which in technical terms is known as failing material participation.I would caution however against focusing strictly on taxes.

If you don't flip your properties in <3-6 months, then you technically don't need a no-seasoning lender in the first place. 

Or would you have to pay commercial property taxes since it is technically considered an investment?

I use a local company for background checks and all that kind of stuff.

Hey David,Your contracting background gives you a real edge with the BRRRR method!

I spent the last 25+ years of my life in technical and executive recruiting, and now looking to taking some of those hard-earned skills and applying them to the world of property wholesaling/investing.

Or do most investors getting into new construction start with some type of fix-and-flip background? 

Personally I’m not enough of a people person to want to be a realtor and as I’m middle age and had a different background of experience coming out of college this type of work has been perfect for me.

My issue is that I come from a low income background and have fought my *** off, pardon my language to get to where I am now and comfortable.