., if the business is not a "rental" business per tax code, we count that income as non-passive and offset other income (W2, etc) similarly.Does anybody else have some guidance (or opinions) on this matter?

Nope I do not intend to do any business of the lending variety in Vegas I only do joint ventures there. 

When developing affordable housing in California (more specifically Los Angeles), how complicated is it to raise capital using subsidies?Is it common for developers to use subsidies to cover 100% of the construction c...

Thankfully the station I am at isn’t very busy so I have the opportunity to do business while at my fire job and more than likely not get interrupted.

Zero-percent business credit lines can be a great tool to fund renovations, repairs, and even serve as gap or bridge funding when working on a BRRRR deal.

Actually, it is possible do structure a 1031 Exchange on the sale of one or more relinquished properties and then using the proceeds through the 1031 Exchange to construct improvements on real property you already own.

Incredibly poor business deal. 

That is a very dishonest way to operate your business, and will get you a bad reputation and lose you money.

Almost any business you look at has its own gurus and scammers.

I'd be looking at multiple structures. we try to build below the average new build cost in our market in Columbus Ohio which is 515,000 last year and we target land 40-50k and urban core adjacent where we get higher price per square foot. we build for clients with margin around $190 a sq ft depending on multi or single. we can get that down in our triplex it's a little higher on our single family homes because of garages and limited economies of scale. hope that helps. idk Philly but if you show me the area and styles of homes I can give you some more insights.