Also, anyone that old, growing up in Cuba for that many years, becomes a well train, unmatched, handyman with creativity and frugality pouring out of his ears.Over the years, the more I looked for ways to break free of the daily grind that can be a normal ordinary American life, the more I found every job to be lacking something.

This just looks like ordinary work.You could then specify that payments on this new contract will be made in the form of credits on the other debt as called for in that agreement.IMHO, 20% and 25% interest against a family member is really, really steep.  

Does the yard have deep ruts, full of rocks maybe barried cables to trip over, if the lot is clear and you have not posed any danger to an ordinary capable person performing the job, I'd bet you would not be found to be negligent.

Third, they can help you sell your deals.In reference to your taxes, anything that you sell within a year of owning it is taxed as ordinary income, including assignments and double closings.

This is no ordinary tenant.

I have done flooring, tile patios, hot water heaters, masonry work, molding and concrete work on personal projects so I know some about cost of repairs and timelines of projects (Always over on both from my experience).

I would also like to add landscaping and some "communal" amenities, such as patio, fire pit and 10'x10' storage unit in the cleaned out basement.

."-- Jim Rohn If you are not willing to risk the usual, you will have to settle for the ordinary

NP could stand for some thing like “no patio” or just about anything.

When you flip a property, the gain is treated as ordinary income so have to pay SE tax.