Craigslist ‘handyman’ specials - these guys have already done searching2.

Hello, I have been preparing a property in 2017 to rent; however it is just about now complete and ready to rent (2018). 

If you do flips, that would save taxes, but flips are better conducted via S-corp and there is no way to specially allocate income high earner. 

Much like the others, just be upfront and prepared to explain to the agent what it is exactly you're doing. 

So, what makes this one so special to you?

Maybe some document preparation for atty 150.

As Joel suggested most small businesses like that will fail so build for success but be prepared for failure.

You should have extended closing until the issue was resolved.Actually, the first lesson is that you shouldn't buy property in California but I'll skip that.The second lesson is that you shouldn't ask friends for advice unless your friend happens to be an attorney with experience in residential rentals and the California eviction process.The third lesson is that you should get a new attorney, preferably one that specializes in evictions.

My thought is that a term sheet should suffice, but I’m new to the world of commercial lending and I’d like to be prepared when approaching banks.

ONe thing that we have come to learn, every house in Dallas has foundation issues, and most will have some fun with termites.IF you are going to do some value add for a rental, be prepared to ignore minor foundation problems.