That doesn't relieve you of the need for all of the correct documentation notifications and information your accountant will need to fil the form 8824 at the end of the year. 

There are deals out there that there just isn’t time to do third party DD, but those should only be attempted by the experienced people with deep pockets.

We were both relieved when we ended the arrangement and it took us a while to get back to the old ways.Let me ask you this: What happens later on when you have enough experience that you no longer need your friend's expertise and also have enough experience to make larger margins in your flips?

As much as my wife would love the idea of a rehab, I'm really interested in something more turnkey for my first as I don't want to get too deep on my first investment.

He had a deep faith in Jesus Christ and was certain of his destination.  

Only solution is hope FED cuts interest rates fast and deep, but all macro-data says US economy doing great with fed funds at 5.33% so foreclosure becoming only option.now if a Chimp with a learning disorder like me could see this coming, perhaps, the syndicators that charged high fees and had 5 different "share classes" saw it coming too and perhaps that was their plan all along?

They have very deep pockets, and if you you are looking for them to fund your business and don't mind working for free, they can keep you going until you burn out.

Are you looking for a full studs deep remodel, lipstick, or the carpets and paint?

In addition, there is an above ground pool, maybe 3 to 4' deep.

Its why i travel to the Market I spend usually 2 to 3 days my office does a deep dive into MLS stuff..