Bill

@Bill B.

As @Bill B. showed you, you are not making a great rate of return on your property now.

Might coat you $500 or more for a hour but will save you a $15k bill from a contractor who simply sees a easy way to make money off off you! 

In your case of a fourplex, option 2 should get you a better deal.I would also agree with Bill on how the number of units may not correlate with the value of the property unless it is a large multifamily complex, and sometimes a fourplex or several single family houses would give you better returns. 100% We always recommend conventional first until you can no longer qualify for those. 

Hey Carl, we have some opportunities for multifamily properties that fit this bill exactly.  

Licensed contractors supply materials and subsequently warranties.Also how would a flipper comply with assembly bill 968 if they supply materials? 

From the research I’ve done so far, it seems that South Carolina taxes investment properties at 6% which makes a tax bill quite high compared to a primary home.

@Adam BartomeoGuys the IRS requires the 1099 amount to be equal to the GROSS amount you collected on behalf of the owner, even if you are collecting water bills, etc. from tenants.NOTHING is deducted from the Gross amount,including your PMC fees!

My only concern is I believe most ADUs all tie into the same utilities and would be 1 bill.