Therefore, it's vital to calculate these costs before purchasing the property.Seeking the help of a 🏗️construction professional is recommended to create a comprehensive budget that includes hard costs (materials, labor), soft costs (architectural and engineering fees), and contingencies for unexpected expenses.

I paid 1/2 of negotiated labor up front and have been purchasing/paying for materials myself. 

Alternatives like umbrella insurance or series LLCs may offer similar protections with less overhead.

The only one that will qualify to be used against your W2 income is the short-term unit if you are materially participating in the management of it.

That's not easy: most contractors don't like their tools or materials stolen.

🌟Let's dive into the Billy saga: I've rocked it with the US Marine Corps, spearheaded projects with NextEra Integrated (a top commercial solar company) as a site manager, and even had a stint as a warehouse manager for a top material storehouse in NJ.

I use Stessa and see they have some informational materials about cost segregation, but so far haven't seen anything about reputable software tools to help investors like myself.   

I like to collect quite a bit of data on owners (family members, alternative addresses, deceased info, BKs and judgements, etc.) when I skip trace.

An alternative might be a 1 or 2% closing cost concession.   

You get your hands on some materials, get some practical knowledge from a mentor, then dip your toes in.I'll drop you a DM.