All of those costs are deductible, just like any business can deduct those costs for their product.Do not forget that your net profit after expenses is subject to SE tax.

The Deanwood area in SE DC to be precise.

Most lenders don't actually have a loan minimum per se; they have a cost (usually around 50k) where the standard fees they need to make are too high a percentage of the loan amount.

i made 30k throughout the year, why is it when i put the full 30k on my schedule c i get a refund, and when i put 25k on schedule c and 5k as a distribution from my s corp i owe money, i thought distributions dont have SE tax?

If you do a salary, which isn't a good idea, you'll have SE taxes, you will otherwise on draws from profits.

I am the true "General Contractor" not to be confused with project manager (I Manage the ENTIRE project to include actually having the ability to drive nails) not just take 10%-15% for "managing a project"If they decide to hold the property for rental I get 50% of the ARV minus all the expenses of course (including all expenses to get it to turn key).I never enter into partnerships when it comes to the rental per se.

They have collected 90 Satisfied Judgments ($200,000) representing themselves in court (pro-se).

In the situation I mentioned the fight started in the eviction court where it was kicked out by the JP for lack of jurisdiction since it was a fight over title and not possession per se.

I'm new here and am getting started in real estate investing; however, I am an attorney in SE Michigan with years of corporate and real property transactional work at one of the large firms in town.  

This is not per se a reason to invest somewhere, but I think most of us enjoy being around people we like.