I now am an International Real Estate Mogul.  

When it comes to business rules such as those, the states often have different definitions for tax to fall more in-line with the internal revenue code.

But generate a nice windfall that is has a large tax-free component.1.

There are several components to keep in mind, none are too complicated.Provide a Purchase Option and a Lease Agreement as separate documents, if they dont pay rent, you can just show the lease agreement to the courts (without showing the Purchase Option and complicating the eviction).

The loan often has two components: (1) purchase and (2) renovation where the latter is usually funded through reimbursement.As an FYI, lenders usually require the property be non-owner occupied.

We use a combo of external and internal services.

Additionally, being close to an international airport is ideal for me as I also run a small Turo business.

There is a cost component.

Very rarely do business owners inflate their numbers on tax returns vs. internally prepared or forecasted financials.

And they bring a lot of business experience that I would value, as there is an active component to the property that will need to be managed.