I'm being nit picky on purpose.Also, the Standard Lease doesn't apply to commercial tenants, so if the property under question is 6+ units, that might be easier.What you have described is Property Manager that has a Lease Option on the property. 

However Becoming a Part of Renatus or Becoming a Part of a Different Real Estate Investing Education Company, it all comes down to applying the knowledge that is learned.

Quote from @Marcus Welson: Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange.

I am not familiar with Las Vegas rules but most platforms won’t let you apply for a permit unless you are on the title of the property, then you will need to furnish the property after closing unless you are purchasing a property that comes furnished.

The renovation costs may include a contingency reserve and renovation-related costs.Contingency Reserves:Contingency reserves 10 % required for any unforeseen cost overruns that may occur during construction.Unused contingency reserves that were financed into the loan will be applied to the principal balance of the loan.

you mention applying for a loan …..does this mean you own a home and were  trying to refinance it  ? 

FHA loans include oneproperty per FHA loan, owner occupied for at least 1 year, and can apply for new FHA loan in 2years.

Don't know if any of those apply to you or not, but good to check with your lender today and get them to run your credit so you know what your targets are. 

If I am applying for a mortgage for anything I have to self-report these loans.

They can claim business overhead expenses, and they must file 1099s.REPS determines whether the resulting losses can be applied against your W2 income or not.