I honestly don't know how Clayton and his wife say all this with a straight face, when I've personally read over a dozen stories where people were either scammed, lied to, or absolutely didn't get what they were promised.I am convinced that Morris Invest is only concerned with advancing their own legacy, while if their customers lose tens of thousands of dollars - so be it, no skin off their nose.

Speaking of cutting off your own nose . . .

So, they spend a lot of effort in finding and closing economic loopholes that an REI'er can exploit.By hamstringing the private sector with rules that don't mesh with local real estate market conditions, the framer's primary goals of preservation are not met and they've cut off their noses to spite their faces.  

Wouldn't turn my nose up at a great deal anywhere, but that's where I'm focusing. 

Hey Andy, Jack has it right on the nose here.

I am taking a hard-nosed approach to this.The landlord's obligation is several fold1) This is a business.

Probably a low guesstimate.If it's a Sec 8 area, landlords may be holding thier nose until the congress gets off thier tails.

Commercial Lendinga. personal property and small business loansb. commercial real estatec. secured commercial lending and that fractures off into specialized areas.Now, it's possible to be hired directly into mortgage processing and even as a mortgage originator with those making secondary market loans.

The US RE market is a fractured system with many opportunities for arbitrage plays.

If you lend money to others who are doing the flip, your interest income on the other hand is generally passive resulting in no SE taxes.As suggested, splitting wages and distributions with an S Corp can help and renting the property before selling can too.