A plan will be considered temporary if substantial and recurring contributions are not made.Hope this helps.

“Taking into account the above factors—the significant expectation of privacy, the substantial intrusion into the home, and the inefficacy of the warrantless inspections on the proffered special need—the Court finds the warrantless inspections are unreasonable.”

@Michael Walton you will be looking to use the De Minimis Safe Harbor that allows you to deduct tangible property used in your trade or business under $500 per invoice or per item as substantiated by the invoice.

(My point of view comes from these two articles and various podcasts and webinars, I apologize that I did not record where I got specific references from). http://www.biggerpockets.com/renewsblog/2015/04/20...http://www.biggerpockets.com/renewsblog/2012/12/12...The major flaw with the first article (which it points out towards the end) is that in order to build substantial wealth using the method described, you eventually need to expand and control more units.

If you are just looking at the assessors website and the currant owner has owned it for many decades the reported property tax is going to be substantially lower then what you will pay as the new owner.

No solid numbers yet, but I would expect quite a substantial return even at a higher purchase price (which I would *not* be able to cover), and need for in the range of 100K or so for reno, depending on systems condition.  

The whole point of wholesale of any industry is to sell in volume, and sell at a substantial discount, which leaves margin for others to profit, thus building a distributor model.The problem with that and real estate, and the MLS system, is MLS tries to get the seller the highest value possible, which contradicts the core concept of wholesale.I think the only way this would work is with banks, and they will probably want the whole saler, and the agent to be one in the same for their convenience, which you have, which is advantageous to you. 

How you are influenced to act and succeed is not going to come from one style or method of learning or teaching.

This is definitely a place to grow your network and influence.

We have a project in meyerland right now that DID flood, DID have a substantially damaged claim, and we did have to get a flood development permit on.