What is the best way that you have found to tell them that you need labor & materials separate, so at tax time you can send them a 1099 for labor?

The 1% rule is tough to achieve, but we get it in AZ and TX by buying below market.

If you're still interested, take a trip to the site once ground has been broken.The flashy marketing material for a new development is great, but don't put your money at risk for something that's likely to vaporize.

A good baseline is to calculate material costs (e.g., $300 for paint and supplies) and add a fair hourly rate for labor.

Tough situation.Sounds like your mortgage forces your hand. 

Little Rock can be tough.

Rentals are tough based on the rents vs the purchase price of homes out there.

It is tough to compare states with no big cities to a state with multiple large cities.  

It’s disorganized, lacks any agendas, materials, or content.

I came up with $385,000 to build for material/labor.