I saw a video on here where the dad was reading a book about his rehab to his children.I think it would be fun to have some books that talk about rehab and other real estate concepts,  with more advice and instruction to young adults.My granddaughter loves Bob the Builder and has "helped" me on a few house projects. mostly spackling and painting, (she is 4 lol)I think a pop up book with before and after pics of houses, a tape measure that can be pulled out to measure stuff, a piece of pretend sand paper to "sand" a rough spackling job ect. 

All to be verified by your tax person as I am not able to advise you specifically.If you are a super slow flipper and take 2 years to flip it, unless you can show that you at least attempted for a reasonable amount of time to rent it out or otherwise get it qualified as an asset and not just a piece of inventory, then it is still marginal tax rate.  

I have managed to negotiate an great price on a piece of property that has excellent Development Opportunities. 

If your property is nice and prices correctly it will rent. have you thought of using a small piece of high-quality artificial turf and some clean looking fencing? 

If you purchase a large piece of property and later decide to sub-divide it, you could distribute out a piece from an LLC without incurring a taxable event.

Once the home is sold I would like to have a constant flow of properties to wholesale while being able to obtain more end game capital on future re-habs.I have spent quite a bit of time educating myself on the forums to develop a plan of attack, which your feedback and input is greatly appreciated.The PlanTotal Pieces Mailed: 10,002Total Leads Mailed To: 1,667Total Mailings: 6 (once a month)There are 5 different lead types all with at least 40% equity and nothing less than 50k appraised value.1.

It will mean you have a well trained animal, happy tenants and a little piece of mind (no one robs houses with dogs).  

I don't ask for these things unless I am confident at that point that they are a good *potential* tenant.I have no intention of turning over a piece of real estate that my husband and I have made a significant investment in to someone that would not provide this information.

My only piece of advice I'm qualified to give is mortgage/financing related: as you start this new endeavor, I would strongly recommend sitting down with a mortgage/financial professional and sharing with him/her both your short-term AND long-term goals.  

This will be a piece of cake for you.