., as others have reiterated, 2-4 units are technically classified as residential, therefore, such properties are marketed on the MLS.

You can post deals in the classified section!

If you owned the property for at least a year and a day, and you sell it, your capital gains is classified as Long Term Capital Gains.  

Profits on stocks are classified as capital gains, which are taxed at a lower rate than ordinary income (such as wages).

If this was a 6% or 7% loan, the arrangement would be weird(making a wrap mortgage for more than you owe), but they would not have legally liability.However by charging an interest rate above 8% the loan is classified as a high cost loan.Features of high cost loans include:A prohibition of Balloon paymentsA required disclosure that the loan puts the home at riskAn analysis of the ability to repayThe first 2 are clearly violated and I would not be surprised if the third was also.

Find the baddest a$$ eviction lawyer in your area, and sic him/her on them.

VA, FHA, or HomeStyle are you main options for renovation.For VA or FHA, you would need to classify it as a primary.

Some jurisdictions classify differently for "bed and breakfast" versus "overnight lodging" in that the former serves food and has on-site staff (again, this varies widely by jurisdiction). 

This could also be classified as a communication skill, as well as emotional intelligence.Learning how to acquire the correct mindset to build and grow a business (goal-setting and strategizing).Learning sales and promotion.

For example, my 4-plex was classified as commercial multifamily.