@Will Gaston that was exactly the thread I was thinking of but couldn't find it. 

Allocate equity based on contributions: you provide the $235K HELOC and management, while your former boss contributes renovation expertise and labor.

Search for properties in your area as if you wanted to find a place like yours.

hihi :) Thanks for your thoughts Jaycee, Not sure I would call it a cash cow but I did think it was providing a opportunity.

I will not comment as to the tax laws and underlying rules - that is a discussion you can have with your tax advisor who presumably you are paying to help you.What I will do is provide practical and business guidance on tracking time.Firstly, there are apps available that can assist with time tracking where you can specifically detail your time, who you met with, etc.

Not here to provide an  endorsement or be critical of the lenders on this list but volume is not by any means an indicator I would rely upon when selecting my banking relationships.

I do NOT have enough knowledge or experience in this arena to provide specific “how to” accomplish this, or even to provide specific”proof” of my position.  

Would the info you provided still be the same?

I've been diving deep into the Albuquerque, NM real estate market recently and wanted to share my findings and insights with fellow investors.

The requirement for a notary to oversee the property transaction further safeguards the investment process, providing both parties with legal protection.4.