As for your down payment, I can’t personally speak to a small business loan…you would just want to ensure you include those payments in your analysis and prepare to be repaying the small business loan and other holding costs during the flip. 

It includes a primary residence, as well as a detached garage/storage area in the backyard that I am looking to convert into an ADU (Accessory Dwelling Unit).

@Jay Hinrichs; a guy who is still actively doing things but never mentions trying to sell or push anything and has been very giving of his own time (including being a guest at a mastermind group I was part of).

This included managing the design, the contractors, the city, and the suppliers -- no small feat.

Establishing yet another LLC in WA will force you to do quarterly state B&O reporting again with the dept of rev.

With the amount of fraud out there, you cannot be surprised that everyone is checking IDs like crazy.I have a good friend that just moved into a new house and the City Water Dept wanted every form of ID you could imagine.....including his SS #.

Volatile interest rates today due to the consumer inflation index report.

Did you include them in your lease?

There are some weekend and evening calls but they don't pay enough to deal with all of the requirements, including going to a staffed FedEx location to mail the package the following day.

Mortgage reporting for tax purposes: make sure the owner understands that you will report the payments and that they need to issue a 1098