I won't bore you with the details of the restoration business, but I just wanted to jump in here and tell you that Xactimate is probably not what you're looking for.I do flips and rentals on the side, and I'm looking for a simple software to track those too.

Considering you currently have 0% household expenses, I believe this should actually be less risky if you currently live for free. 

Most real estate agents don't understand the investor side of the business.

Tools like knife etc if have a business use you can write off.

Counter is that it's arguably not just a house, it's a running business.

It is too complex for them.So, the IRA that owns the LLC is not also a brokerage IRA. got it, thankyou, hopefully His trust/bank offers some better cash management options as we all know they are getting at least 5.33% from parking his money at FEDs reverse repo facility, or if they have any brains buying 4-8-13 week Tbills for 5.5%, then again they probably are and won't offer him any options so they can keep all that profit, which means there's a business opportunity for a trust co/bank that will 

Let's do some business together.

How can your business sustain itself without cash flow?

Decided I liked the property management business the best, moved to AZ in 2011, gradually sold all of my rentals in Minnesota, flipped a couple more in Mesa while getting my Real Estate license to do property management.

But I am not sure how soon I can get any businesses from them.