So now your causing "harm" to the entire state of CA with such added debt load. 

So we figured we start with a few Yurts to get started and add the Cabins when a builder can actually build them.

I was actually thinking about that after I posted.

It's the equivalent of the guy with the expensive car and big house acting rich vs. the actual rich guy that lives in a modest house, drives an old truck, and buys his clothes at Costco.

I know several local companies that really actually want to do a good job so they don't charge anything to cancel the contract.

Hi Hayley, yes, this is an actual strategy called income hacking!

Do you know anybody that is actually doing pad split that you could tag to this thread?

I have never had an actual deal done.

The first applicant will eventually get tired of his free-loading friends and problems will ensue.

@Clark Harbaugh, Given the favorable tax rulings over the last few years (in particular revolving around trusts and their equaling a beneficial interest in the underlining propery) the IRS has actually been much more lenient (or at least silent) on these issues.