There's not a prescribed method for your accountant to use. 

In addition, DMM seems to be outdated and a rarely used method to acquire deals.Any suggestions on how I can find these deals?

@Joe Splitrock do you know if there are any other type of loans, or methods to get around this?

That would mean you would have to create and maintain multiple LLCs, which takes organization, but is doable.One consideration with that method (and check with an attorney) is I believe that each partner in the LLC has to have a function, and they can not be completely passive.

@Chace FraserThanks for your reply Chace, but I am looking to sit down face to face with the person I work with.The year living in the property is easy, since I would house Hack in a very minimal way.Not looking to use this as my only method of acquiring Real Estate, but using it every 18 months or so, is not a bad ploy.Thanks again,Dan

Hello all, We just listed a vacation rental on Evolve & was anticipating a low rental price due to their method of first building market share & then gradually raising rental prices slowly.

Perhaps sharing the calculator was not effective method -- I'm still new here.

Does utilizing a 203(k) and building the renovation costs into the loan limit the potential upside equity with the ARV in any way as opposed to funding the renovation with cash or another method? 

It probably makes sense to sit down with someone who has achieved what you are looking to do and go over the various methods, risks, and concerns you have.

Some landlords will push that and your local government should provide methods for auditing.A flat fee system is perfectly legal if written as such in your lease and it doesn't matter if the collections exceed the costs.