We were changing all flooring to accommodate use of a wheel chair and decided to repaint and update other things as well.  

We aren't incorporated, so there wouldn't be any symptoms of a business beyond the quick turnover of the loans.

Thanks AlotI've used LegalZoom to incorporate in the past (resources can be found at http://www.biggerpockets.com/legal-services.html ), and will be using them again today to incorporate another venture.

An operating agreement is pertinent.Try Nationwide Incorporators.

I almost fell out of the chair initially when she told me, and still think the price is very high.

As a Canadian investing in the U.S.A. you will most probably want to have a Canadian Controlled Private Corporation (CCPC) and an entity incorporated in the U.S.A. which is a 100% owned subsidiary (child) of the Canadian corp.

Perhaps a higher degree of sophistication incorporated in the Operting Agreement may well be overkill for many for most investors, But flexibility is nice too.

Minor picky points, I don't think these are the problem.The living room has too much furniture, lose the side chairs,The staging photos make it look like there are two living rooms, maybe make one an office?

This strategy made a large amount of money for many, me included...until the music stopped and there were no chairs.

He then sent a picture of a pack of cigarettes in the lawn chair of our 2nd floor tenant.