The phrase "We Buy Houses" is too broad and generic to have been approved for a trademark in the first place. 

Robert,Thanks for the information about the Real Estate Investor's club. i will definately check it out.

@Galit GarsielYou need to define the scope of work for the contractors, get multiple itemized bids, and compare those bids & ask follow up questions.

Aloha,Pro-rate defined is a daily amount.

I would define reasonable.They might think 10 guests over is reasonable.

- you won't see a HUGE 08 type crash IMO, I would try to define your goals and try to find properties that fit them, I promise regardless of the location you are in, you can find deals that fit your numbers instead of waiting for a supposed crash (which we have heard from experts since 2015).  

Quote from @Ian Loonce: If your lease doesn't define it, then there's really no limit to the number of days.

A real property trade or business is broadly defined to include real property development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage [IRC Sec. 469(c)(7)(C)].

You put a JV in writing to define the roles and expectations of the partnership.Hopefully that helps!

Brokerage service is in part defined as putting together a buyer and seller.