They are also the same individuals who are constantly involved in conflict, have terrible loss run histories and therefore higher insurance premiums and are paying far more on legal.

Having an or multiple LLCs helps keep the finances separate should you have a loss.

Indicative price around $1.1M, which would be a loss, with tax around 2% potentially 20k/year.

Create a realistic pro forma profit and loss statement to determine if this business has the potential to pay any more than you could make working a “no risk” job. 6.

Did they suffer loss of principal during down cycles (or even up cycles for that matter). 

He didn't have much downside in terms of potential losses, and I could be somewhat passive and protected legally (he owned the building site etc. and took care of liability). 

All Contractors are subject to the lender’s determination that the contractors are qualified and experienced, have all appropriate credentials required by the state, are financially able to perform the duties necessary to complete the renovation work in a timely manner, and agree to indemnify the borrower for all property losses or damages caused by its employees or subcontractors.Multiple Specialized Contractors:Ø Since this is a limited repair/renovation program, no General Contractor is required.

I am truly at a loss for words here. 

The agent will have access to the biggest platform to get the property sold though, the MLS, so forgoing even a cut rate agent will create more of a loss than the agent fees themselves. 

Making matters worse the investor with limited resources cannot recover as easily as the investor who makes the risky investment but does so knowing they can afford to take the L.