In business, references and jobs done also help too.Handymen per CSLB are prohibited from taking on projects that are more than $500, unless they can either break the project down into smaller job or risk going to jail -especially if they furnished something recordable (ie, a phone conversation or in writing) in violation of this fundamental CA rule governing construction.So yes I do agree CA handymen should never quote a client anything more than $500/materials+labor per particular job unless they don't care about building a career towards being a licensed contractor honestly and dont care if they end up being criminally charged for it.As for a family member and/or close friend I would expect handymen in CA to obviously work out 'less than armlength' ways to help them with big jobs that do exceeed $500/project but not leave an obviously incriminating papertrail afterall its family you're dealing with anyway and nevertheless as a handyman (and likely brother, cousin, in-law etc) until one day you are a licensed contractor then can quote as much as you want per project.I'm tired and done with CA handymen masquerading as contractors, quoting contractor prices, yet not having even liability insurance that licensed contractors are required to have. 

I think if we define wholesaling as "getting a property under contract and selling it to someone else before it goes 'on the market,'" then that would include any 'permission to show' or 'pocket listing' that an agent would do.

That might include pet policy changes, early termination fees, a fee for a service like a requested lock change.

Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.

It includes a 3-bedroom, 1-bathroom ranch house along with a private street hosting a small mobile home park with 5 units of which are owned by the seller. 

Given you aren't clearly a prorata split of everything (IE both names on title, mortgage, etc), Partnership treatment would be much more supportable than as a TIC.If you have an agreement in your JV that you are sharing the expenses and revenue of the venture, the JV certainly gets to claim those valid expenses, including the mortgage interest.If the property was never in service and was being renovated, that interest may not have been deductible anyways and it is possible it could have been required to capitalize it into the renovation, in which case you'll recapture it by your share of depreciation.

That is an exception though - most of our sports related stays are driven by ESPN all year, including the summer months.

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

Yes, the $230 is after all expenses including vacancy and capex (as Zach mentioned). 

This seller also owns a really beautiful parcel of land next door that they're willing to include in the sale.