And I’ve got the room but I’ve also got wet seasons down here to go along with the thunderstorms and tornados and unless I put down gravel or some other hardpack material, everyone better show up with 4x4s and mud tires!

I had a large mud/laundry room I was able to convert into a bedroom to make it 5/5.  

The contractor knows that I am in a desperate situation and want to make sure that I am taken advantage of.GENERAL DESCRIPTION:BASEMENT DEMO WORK FROM STORM DAMAGEAS PER WRITE-UP BELOW.DETAILED DESCRIPTION:1.PREPARATION OF JOBSITE FOR WORK- SET UP DUST BARRIERS, TARPS AND MUD MATS AS NEEDED.- COVER HVAC VENTS AS MUCH AS POSSIBLE TO MINIMIZE DUST SPREAD.- VERIFY THAT THERE ARE NO GAS LEAKS CAUSED BY THE BASEMENT FLOOD.- VERIFY THAT THERE ARE NO ELECTRICAL SAFETY ISSUES.2.DEMO- DUMPSTER TO BE PROVIDED OFF SITE FOR DEBRIS REMOVED FROM JOB.- REMOVE LOOSE DEBRIS IN BASEMENT AREA.- IT IS RECOMMENDED TO REMOVE/DISPOSE OF THE WASHER AND DRYER.

There are some locations in Houston that are not serviced by Houston Utility; they have their one MUD.

The entire area should be leveled in order to drive out the undesireables and the problems they bring with them.

We take this very seriously as this defrays having undesirable occupants.

This is just a mud map of what we are aiming to achieve.

In the few days I followed, I saw 10 to 15 properties sold to 3rd party bidders (daily), but the majority of those were either in undesirable areas or sold at a price that left little to no margin for an investor.  

oh wait, who does the mud/tape, the drywaller or painter?

In effect, you have shielded your rental portfolio from the undesirable tax effects of your flipping business.Separating the two practices with entities also has important asset protection benefits – if the corporation gets sued, only properties within that corporation are subject to a judgment, if you conduct yourself properly.Installment Sales ProhibitedWhile investors can do installment sales, and only pay taxes on the money as they receive it, a dealer has to pay taxes up front on any income due from an installment sale.