Loan proceeds can be used for a variety of real estate related activities.

I will say though, that when looking at your data, make sure that there is a variety of industries in that area.

  : )   What you have to figure out with your tax professional is to answer a variety of questions with regards to the status of Passive Activity , Services provided (substantial/insubstantial) and if Vacation Home rules apply to your situation which will dictate what you get to write off.  

Not sure about Colorado, but there are a variety of exemptions here too.

My long term goal is to create a real estate portfolio consisting of a variety of 2, 3, and 4 door units, mobile home parks, and single family homes in order to move closer to achieving my goal of financial freedom.

I absolutely love where you guys are headed, and I think there are a variety of questions and conversations that you guys need to have.

@Bernard Reisz has provide an excellent overview with his comment.In any industry there are a variety of providers. 

Why not add a variety of affordable finishes to your inventory and cycle the products so you're offering "on-trend" finishes for the same costs as your standardized versions?

South Lake generally has more variety and lower average prices as well.

With us buying pools of notes, we often have to put insurance on a variety of assets all across the country.