For REP status federally, you must meet two requirements: work 750+ hours in real estate activities and spend more than 50% of your total working hours on these activities during the tax year.

I mean there is so much to scrutinize here we could spend an entire afternoon reviewing the actual deal let alone the financing.I wish you luck either way man.  

They should still have alerted you if they changed it, but doubtful they need your permission.Anyone can sue anyone in this country, but how much are you willing to spend to chase this?

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Spend your time and money learning how to avoid that kind of situation rather than learning from on the job training.

To the nuts and bolt question of what defines occupancy, it is the place you reside and spend the majority of your time/nights.

There are certain things that require experience that DIYers just can't get right or spend way too much time trying to do.

It’s better to spend a little now than risk costly mistakes later.

I’ve recently finished reading J Scott’s “The Book On Flipping Houses” and found it to be extremely helpful in understanding most aspects of a fix and flip project.

But if you have to jump through hoops or spend a significant amount of money to put it in might not be worth it.