It takes capital to do this business and if you don't have it I wouldn't suggest throwing it into a marketing machine for wholesale deals.

Here are my two cents...I recommend starting in a market with strong fundamentals, such as steady population growth, an influx of major corporations or large businesses relocating to the area, an affordable cost of living, and high rental demand.

You can use a bank statement program, (1 year 1099) and depending on your schedule E or how you show your passive income or Schedule C depending on business tenure you can use just one.  

I'm curious to see if people use AI as part of their business.  

While I continue growing my land business, my next focus is investing in Memphis real estate using the BRRRR strategy.I’m here to connect with contractors, lenders, wholesalers, and fellow investors who are active in Memphis.

It's like opening a business.

For govvy loans, the Due on Sale clause will be available to your note holder - having an LLC take title to the deed (most commonly via a quit claim) will expose you to this clause.

One I am still learning, and would love to incorporate into my business. 

Even as a broker there are many sleazy Account Executives that try to win my business with terms or extra compensation.

Read this: https://www.irs.gov/businesses/small-businesses-self-employe...Second, compensation is always issued to the person working.