@Robert Taylor This looks like one of those cases where everyone is right, even though they differ.If you are building a long term enterprise, then you can certainly benefit from consistently doing certifiable quality improvements and exercising good will in your transactions.

This becomes a whole different enterprise and I am not sure you fully understand it just yet.  

It's a free enterprise and capitalistic system and no one is allowed to restrain free trade.

i strongly endorse first - laying the foundation of your enterprise in a way that fits your business strategy, goals, and investment locations.  

An associate is near retirement age, and has just received an opportunity to fulfill her dream to purchase a well-established bed-and-breakfast in Cozumel, encompassing both the property and the enterprise.

I sense that you might be wanting your Contractor to be vested in your enterprise, and you seem to be trying to "hedge your bets" a bit, but, will your Contractor agree to 50/50 in any LOSS too?

@Varinder Kumar,If you can, try choosing a name this neutral and generic, like "xxx Associates", "xxx Industries", "xxx Enterprises", maybe add "of (state-name)", if needed.

I have seen regulators do strange things but if any regulator even proposed expanding their guidance to encompass credit decisions, the pushback even within HUD, not to mention FHFA and the Enterprises because of establishing a very dangerous precedent would be so swift that I doubt anyone would even know of such a proposal before it was quietly killed internally.Even Liz Warren isn't that out of touch. 

Principles of Real Estate (required course)Real Estate Finance and Investment (required course) Real Estate Enterprise Management (required course)Electives (choose one course from select group)

I use a company called Pioneer Enterprises, and so does my wife.