While there are truly amazing resources available, none of them seem to be really equipped to handle the nuances behind the content without the help and involvement of the community or retailer themselves.This is especially true when dealing with the laws and the rules promulgated by the various state and federal agencies.

40% of the gain is my rule of thumb.

I'm guessing most people who do more than one or two flips simultaneously are doing hundreds of entries per month.On a typical project, I'll do 100-200 entries over a 2-4 month period, or about 50-100 transactions per month. 

From my research, it is true in most states unless you give the tenants full disclosure beforehand and have their consent in writing or on the lease rules and initialed.

Currently, I am being told that because my wife is on a part time, temp status without two years history of being with her current employer that we will not be able to qualify for a loan and that this two year rule is a government rule, not a bank rule.

I know a few people that work there, I know they are not fly by night, but I don't know for sure their seasoning rules.  

As per my knowledge you can take up to 50% funds out of your 401K as loan.

Set the rules and enforce them.  

I have been doing some reading about the 50% rule but have some question I will need to post on that topic, but that is for another thread. 

Claims I am abusing the forums and rules.