Also, if you are a new wholesaler or Flipper trying to form an LLC and want to get funding, it is very wise NOT to have anything whether it be "Business Purpose" or an NAICS code that has any relation to Real Estate whatsoever.

Cutting your teeth on a smaller budget property that required minimal work would have put less at risk and while the profit would have been less, you would have gained experience in working with the trades and developing a realistic budget and timeline that would have helped on a bigger project like you took on. 

Would  you want your Dentist to learn how to pull teeth by reading from the internet and taking notes? 

As easy as this sounds, it's not simple and usually like pulling teeth.

Not an affiliate whatsoever, I just think Wealthfront is awesome. 

Know the restrictions like your front teeth, do not make an exception and have the tax man on your back.

Opponents of the bill say it tips the balance of power too much in favor of homeowners, and they may have a point as it takes a lot of the teeth away from HOA laws, with the max fine being only $500.

If I didn't pay, this wouldn't have any impact on the landlord whatsoever.

I feel with my Engineering and MBA background, this is something that really suits my skill-set and something I can sink my teeth into.

No Income/Tax/Employment documentation whatsoever.