If you are going to be a serious investor, use Turbo Tax (choose the version that fits your needs) and play with it making various changes to see how things affect your taxs.

Being brand new you may not know all the ins and outs of flips… but it’s easy to get exploited in a number of ways by people you hire to do the work.

This plays into your numbers when you are offering to the seller to put it under contract. 

He had his systems and house rules dialed in and was getting impressive yields, but this is a bit more of a hospitality play than LTR (same as STR is). https://www.millionairemindcast.com/how-sober-living-houses-...

Sometimes just letting the seller know you’re considering legal action can get them to play ball.

IE pull the cash out of it so I could go buy more timberland to log.. get payments from my buyer .. pay the bank their payment then when my buyer cashed me out I cashed out the bank and got my equity... for me it was not as much a tax play as a get stuck money out now without massive discount to a NOTE buyer pimper .. who is looking to get notes with massive discounts. 

Has this person submitted an application because my qualifications are strict and a lot of time the person doesn’t meet the basics so the esa doesn’t even come into play.  

If you watch the scene in The Exorcist where Father Damien Karras is with his mother, the radio is playing an advertisement in Greek for Astoria Park.With an endorsement like that, who wouldn't want to live there?

We install brand new furnaces for only $1700 HW tanks about 1k, We buy in bulk, Good luck 

Once built and sold investor takes x% of seller profits and i take rest of profits. goal to maximize on profit as a town home brand new is worth a lot more than what currently is there (100 year home).