If you have spare money that you can loose.

., I understand the law is the law, but the law is made to force folks doing much more than raking a yard or replacing a loose step to become a contractor who has insurance etc. 

Access to high amounts of capital is a bit broad, and not helpful with this loose definition.

9) adding multiple ADUs or adding an ADU to a quad looses F/F conventional financing.  

And were so Tapped financially  we had no choice but to put it on a back burner, move into my inlaws basement, and loose our stability, security, and stash.

Some still are careful to leave meat on the bone, but a lot are getting really greedy and play loose with their statements regarding ARV and Estimated Rehab Budgets.

For most they just loose the profit potential, it's the LP's who are generally holding all the $ risk.     

So Dave's great theory should be called The Affiliate-IRS Method because it assures you loose the most capital possible to taxation, capital that via a mortgage is less and put's more capital in your hands to utilize and deploy. - Half of REI is about appreciation over time.

New Jersey as another example has very loose usury laws and several states usury laws are very vague leaving some to interpretation which can also get you in trouble.

Most flippers loose money on their first few flips til they learn what they are doing.Buy and hold is a much more forgiving strategy.