However, PC would vet the project and design and verify it meets all zoning standards.

.: Hi All,Is there any way to structure a private lending arrangement so that income is considered passive (by IRS standards) and can offset accumulated schedule E losses?

We typically estimate standard costs for these items but get them done much cheaper with our own crew.

So thats kind of the standard operating procedures in those markets and nothing really sells for full list price..

That's pretty industry standard. 

All he has to do is to not make it a "blanket" moritorium and make the tenants prove economic hardship through predetermined government standards and let us evict those taking advantage.   

If an agent brings a client and buys the wholesale deal, their standard contract is the second contract that the original contract is being assigned to.

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

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You'll have your standard recording fees and mortgage tax, etc.