Creating a detailed Scope of Work document for your rehab project is critical because it establishes a clear project plan that your Contractors can use to provide accurate Bid Proposals up front.A 'SIMPLE' SOW as you requested can leave too much room for interpretation which can result in inaccurate bids, Change Orders, conflicts and disagreements once construction starts.I have an example SOW template uploaded to my BiggerPockets fileplace which you can download as example of the level of detail that should be included for each trade category.  

Note this is not only to rent the JADU, but in strictest interpretation to even have a legal JADU.

I love how in this he spoke of the idea of people having trials in life and how they essentially turn trials into super powers or at least that's how I interpret it.

You could buy a $10K program with all the bells and whistles, but if you cannot interpret the various metrics, and understand how they might apply to your particular business model then you will set yourself up for failure.

Yes, but with the explanation of how I interpret the idea of "how you finance" is really how the two parts of the financing are made:1 - How much (little) cash is put into the deal. 

The courts of each state independently interpret statutory and common law.Including contingencies and assignability provisions in a contract is hardly tortious.

For a long time the mantra was "one year and one day" because that always crossed over into capital gain, met any of the above court interpretations, and placed the property on two consecutive tax returns.

I would assume so, but it's best to check with the lender to see how they interpret official FHA guidelines which read:"Net Self-Sufficiency Rental Income is calculated by using the Appraiser’s estimate of fair market rent from all units, including the unit the Borrower chooses for occupancy, and subtracting the greater of the Appraiser’s estimate for vacancies and maintenance, or 25 percent of the fair market rent."

Quote from @Jon Haney: Hi, quick question about selling a rental property for less than it's worth and tax implications.I purchased a rental property on 9/1/2022 This is actually controversial.See, you already labeled it a "rental property" - but it is only one of 3 possible ways to interpret your situation:1.

Since we are not providing services similar to a hotel, we believe schedule E is the answer but needed clarification in regards to your interpretation of what constitutes "substantial services". 2.