Quote from @Paul Gupta: Hi, in California, For jobs requiring a license, there was CSLB (contractor state licensing board) which would give either a General Contractor license, or specialty licenses by trade (~60 specialties such as concrete, welding tile, ) https://www.cslb.ca.gov/about_us/library/licensing_classific...My Q: does Maryland and DC area have similar requirements? 

My husband and I live in San Antonio and have been investing in real estate for a couple years.

I wanted to get everyone's pros and cons.

Don’t use it between Now and year end. 

Keep reading, educating and working on your personal finances.

We have owned 14 SF rentals and 4 apartment complexes totaling near 1,000 units, and over 17 year period we have been sued exactly once.We had a 350lb resident that missed the bottom step of the staircase, fell and hurt himself. 

Great way to create cash flow and equity! 

Finished basement with an added bedroom and enclosed laundry area.

My main concern is not being able to cashflow the property using the LTR route.   

@Dan Dares TMYou can use your familyMember but they will need to be a part of the deal and the bank will most likely want them to personally guarantee the loan.