Shaun Shaun,I am a "specialist" and currently a business owner of a design and drafting company in CT. 

If you are trying to get a cash out refi, I would think the bank would want to see the correct type of insurance for the business you are running.

I own and operate a property management business serving these areas.

Quote from @Michael Beirne: Hi everyone,Some business partners of mine are looking into BRRRRing in the Baltimore market and are looking to find a GC, agent, property manager and an attorney that could help us affordably close on properties.  

In fact, approximately 40% of our business involves the Section 8 program.40%...

All contractors (no matter the trade) are businesses, and should be run as such.

Spend more than half of your total working hours in an RE business in which you materially participate.2.

Phoenix contains a rare combination of elements that have created an outstanding market for distressed property investments, including the following:Cost Savings: Distressed properties are sold below their market value and enable investors to take hold of properties at a trifle compared to traditionally listed properties.Strong Market Fundamentals: Being among the fastest-growing cities in the country, Phoenix ensures a high demand in housing and rentals, hence good potential for resale or income from rentals.Value Creation Opportunities: Most distressed properties need renovations; thus, such situations present opportunities for investors to increase equity by adding value.Population and Economic Growth: Phoenix remains among those cities in the country which are attracting more and more residents and business; therefore, this presents good, long-term appreciation possibilities of property appreciation and income creation.Challenges to ConsiderWhile the rewards can be great, distressed property investment is not without its challenges.

I started two businesses to that end.

To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.