They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains. 

Also, the subject guru may not be doing anything illegal per se; in this case it’s not ILLEGAL (in a criminal sense) to violate the CFPB directives, it’s just that if you’re a “victim” of a CFPB directive violation you can sue and the penalties are spelled out. 2.

A good ballpark is $1,000–$2,500 per unit, but this depends heavily on how extensive the turnover is and whether you’re self-managing or hiring contractors.If you’re looking for more precision, connecting with local property managers or contractors can provide insight into typical costs for properties like yours in the area.

In terms of the permitting process, an architect that can self certified drawings would reduce the wait time to receive the permit. 

There are limited exemptions such as if you inherited the property where it would be allowed.There are technical means to navigate the 90 day rule but your best bet by far is to talk to the lender and let them know the situation and ask for their direct guidance.  

It’s still working for me, I have an iPhone, though.I can directly tell that my usage on BP went down tremendously when they stopped supporting the app. 

You're cashing out a net $6 million directly from investors that trust you with their savings.https://41098383.hs-sites.com/share/hubspotvideo/18605256691...https://www.wallstreetoasis.com/forum/real-estate/rise48-pos...I believe this is the second attempt to raise preferred equity as well.

Income Snowball, a system of investing in which a person can create self-sustaining passive income).

Finding trademen and contractors is much tougher if you're self-managing.

@Asher M.Possible, yes but like your lender pointed out it's going to be difficult to pass the self-sufficiency test (SST) for a legal 3-4 unit property.