All stuff you probably already know, Steven, but spelling it out for the benefit of others.The great part of Bigger Pockets is people get to see more than one approach so they can figure out which would work best for them and also learn new ways to look at it.I advise the opposite approach-  I believe in buying the same multi family, renovating it, renting to get the cash flow and sell in a year and a day so instead of paying the 25-28% federal, 7% state and 12% SS (adjusted for self employee deduction) for an approx. 44% tax rate, I pay 15% federal and 7% state with no SS for a 22% capital gains rate. 

I said initially as loans must also be compliant with federal laws.

The federal debt is now well over $18 trillion and that doesn't count the trillions in unfunded liabilities for medicare et al.

The income on the 1099 is taxed an earned income so you'll pay federal and state income taxes as well as 15.3% towards self-employment tax.

While it is still against federal law, enforcement by local authorities is non existent.

Here's how that works: The rate that moved higher today is the Federal Reserve's Target Rate.

Federal law requires landlords to provide information to tenants about the prevention and clean up of mold.... order the EPA booklet "Mold and Moisture in the Home" available by website download or as a pamphlet.

A partnership LLC is also required to file federal and state partnership tax returns, which a single-member LLC is not.  

Was a story on NPR this morning about the federal push to get permanent housing for Veterans (story here).  

Drug addicts in recovery qualify as disabled and are protected by federal disability and housing laws.