We understand the existing principle regarding not mixing business with family.

I thought that they were rehab/flipping existing properties, which carries a certain amount of risk already.

My partner and I have had our cross-hairs on Houston ever since Harvey hit, and we're lining up our resources to open a small office and set up an operations team for a fix/flip & hold strategy to balance out the yield of our existing portfolio. 

It is not OK to brag about your non-existing inventory or customer base.

They just pulled back the regulations on small lending establishments. https://www.thebalance.com/dodd-frank-wall-street-reform-act-3305688

For example an existing investor that brings another friend in.

All of these companies (and several others like The Michaels Organization, NFI, American Water, Lockheed) already existed in the south jersey area...so there isn't any new job growth causing for Oaklyn/Bellmawr to grow any more than they already were.

One advantage of doing this in an LLC is that we can buy/sell shares of the LLC, and keep the existing financing in place if it is more advantageous of what is available at the time of sale. 

It's kind of cool as I get to see accounting in real life.In regards to your questions l, the IRS issued new regulations about capitalization of assets, and capitalization falls into four categories, Betterment, Improvement, Adaptation or Restoration.

It will clean up existing scale in the system.