The area is always expanding the business district as well as downtown, from Access to low cost regional talent, competitive real estate cost, strong work ethics and excellent facilities for sports, shopping, leisure and healthcare.

Hi @Cris Mullen and @Alex Uman, The house was not held for rental, investment or business use, so you will not qualify for 1031 Exchange treatment. 

In this case, it depends on the tax treatment of your LLC's.

@Mary M.I think I’ve pretty much agreed with you on everything, especially ethics and treating tenants well and I appreciate that.

Doesn't seem ethical when the guests contract is actually with our cancellation policy.

.- Be cautious of Wholesale "estimates" Wholesalers are bound by no ethical standards other than their own, and obviously want to make the numbers look great.

However, I have heard of one case where the lender required a "whole house" arsenic treatment system, which are about $2500-$3000 installed. 

I would also always encourage having ethics when approaching a deal.

BUT.. there is SO MUCH as for required documents, rules, laws, ethics, processes and procedures, that you may find yourself on a daily and HOURLY basis saying things like, "What the heck does THAT mean?"

For him, it's an ethics issue.