This is way more challenging than what the gurus are saying, buy in the Midwest and flip or BRRRR and I'm relying on my team since I can't be there in person, maybe 2 to 3 times a year.I agree that a $10,000 profit (before paying ordinary income tax to the IRS) is way too small.

Violating this would make this ordinary income and you would owe: state, federal income tax plus a penalty.

That being said I'm planning to post a case study of how I helped my brother-in-law, a Contractor with a small 4-man team, go from struggling to $46,000 in new business in a very short time frame.If I had to write a highly click-bait worthy headline for this case study it would go something like...REVEALED: Struggling Contractor Signs $46,000+ in NEW Business in 7 days for FREE Without Paid Advertising Using This Simple 3-Step SystemI'm a glutton for memes, dad jokes, and anything that pokes fun at how ridiculous us marketers slice and dice language and communication in our marketing :)

My brother-in-law specializes in building patio covers, fences, decks, pergolas for residential homeowners.

Draw 4: Deck/porch/patio, carport/garage, int electric, int trim, fireplace, carpentry, cabinets, int plumbing, int paintDraw 5: Ext paint, landscaping, countertops, tile, int paint, appliances, flooringDraw 6: punch list, final payment from HMLThis schedule will result in $900 worth of draw fees, but I want the GC to not worry about getting paid, as well as make sure the work is done right and doesn't have to be redone.

I know you meant it as a joke, but these people are not ordinary immature "college students" age 17-22. 

And it will be ordinary income tax. 

Guests used to be satisfied with the more ordinary, nice, and clean properties.

You are looking for non-real estate related investments that are out of the ordinary? 

My understanding is that interest income derived "in the ordinary course of a trade or business" is considered business income and is subject to SE tax.

@Ammon JensenFor this purpose I do not believe you can write this off, add on that you are paying ordinary income on the 10-12% which let’s say is 20% and after servicing you may actually be losing money every month.