Granted I will have to claim it on my personal taxes but he said doing it this way should also help prevent any issues in the case of an audit and claiming 100% since I technically do go to the grocery store or dinner or what not with the vehicle as well.Again, my structure helps as well being an S-Corp instead of a C-Corp.

if you get around to doing demo on the walls you must consider using containment (plastic barriers) to prevent the spread of spores all through the basement.Carefully and slowly cutting small pieces of damaged wallboard is safer than hitting it with a hammer or breaking out large pieces.The EPA has a great guide document on doing it yourself vs. using outside contractors.You are right.

The HML wants to prevent this.

Other than actually assuming the loan, no way to actually prevent the DOS, however likely that event may be.

In other words, preventing or limiting any discount that might be applied in the future to the loan.

These are just some of the preventive measures any user can take on their own without spending the big bucks for a fix.

Get referrals for skilled trades from other investorsAnd rememberAn ounce of prevention is worth a pound of cure.

You can get a whole house surge suppressor/protector installed at the panel to prevent issues like this in the future, though I am unsure of the costs.

What is the reason behind this - to prevent another wholesaler from stacking on your deal?

I would consult with a trusted veteran(s) to review your transactions, business practices & habits to prevent any future messes, your peace of mind, time & money are too valuable to waste.Best of luck