I get into contract in my operating company and then assign the contract to the new LLC prior to closing.  

Either way I wouldn't do one in your area that wasn't driven into the ground.

It seems a stretch to pay for the Rig with Section 179.I would have development equipment onboard and dedicate a portion of the space to developmentI could put the companies logo on the side as advertisementGiven this, what tax strategies are actually practical?

Quote from @Brad Roche: The other thing that is great for the FHA 203K loan (not sure about the Homestyle loan) is that you can kick the payments out to 6 months of ownership (so close today and make your first payment July 12th 2025) if you are fixing up the home.

You're on the right track to reach out for help here and also to look to your area for potential partnerships.

How did you add value to the deal?

I know lenders will do a second and the second will be assumable.

Kiavi (formerly Lending Home) was one of the first lenders for Fix-n-Flip,but they are very automated.

The higher the risk the better the return...and at some point you have to watch out for "too good to be true."

The quick answer is "yes" AND there are deal analyzers on BP's site.