Say goodbye to tracking individual receipts - every single SKU that you buy goes online... this is true for both HD and Lowes.It's also super helpful to be able to hand your key players a charge card and stop having to do endless phone sales (Which take FOREVER if there's a line)IMO, it's a lot more helpful than having a business CC with employee cards... wrangling receipts is never, ever fun or easy when you're dealing with a process that may entail several trips a day to various stores.I also encourage the use of gas account cards for underlings for the same reason - they report every dime spent to your online account.

Hey thanks for the insight Bill-When you say that you lease optioned short sales back to the previous owners, what exactly does that entail?

Both options entail some risk and some benefit to either side.

That's OK for now but I want to grow into other businesses that are in the cash flow quadrant.I'm not interested in expanding my IT business as that would entail hiring other technicians and overhead.

Also, there is alot of time entailed in tenant placement, from placing ads, talking to prospects, reviewing applications, showing the unit, etc.

The differences that I see between cops in America and in most other countries that I have spent time in are:a) In most countries, cops and other security services will start out with a polite tone and then become more assertive / aggressive if you do not cooperate.

While I agree with your assertion that you cannot mislead the Seller as to the value, that does not automatically mean that you are unable to wholesale.  

Yes, the money would pass through the seller's hands, metaphorically speaking, but the funds would not originate with the seller.In your reply to @tim puffer, you assert that "buying/selling a property is not rocket science."  

The expense side can entail some tracking (but, again, using one credit card when possible outsources that).

While you're there, you can also ask about any permits pulled on the building.Here are a couple of basement refinishing guidelines from other New Jersey towns just to give you a general idea of what the process entails.