One place that will soon become a rental market heaven is an area around Johnstown/ New Albany where a huge Intel plant is under construction with plans for thousands of employees, not to mention the contractors there now. 

Would that look like a partner, General Contractor, CPA, Lawyer?

I have seen a number of cases locally where a party clearly did something illegal like this whether it be a landlord tenant or someone hiring a contractor.

I haven’t done my first deal yet, but through hiring a local contractor to build my personal residence I had this idea that I don’t hear people talking about.

My Insurance Agent has strongly recommended that I put a Construction Agreement in place with my Contractor to shield me from liability, etc. 

Getting Fair deals on labor and repairs comes from developing win/win relationships with contractors.

No big deal, I worked with insurance and contractors to get the repairs done.

One of the biggest factors in successful flips is building a strong team: contractors, agents, lenders, and property managers. 

This tax change could trigger even with offering contacts for those services as it could be construed as contractors.

And you can do it with little cash, 5% down conventional is better than 3.5% FHA.House hacking also gives you a chance to cut your teeth in all major skills: analyzing deals, buying process, financing, working with contractors, advertising for rent, background checks, property management.