Read about: Tax Cuts and Jobs Act of 2018.

If on the other hand, they don't even come close to passing your screening then cut and dry would probably be the best option.

The basic, very basic idea, is I would take a hit on my bottom line and not only provide a service but also force myself into more aggressive strategies of acquiring more properties to cover the overall cut of monthly cash flow.As you say though,  some may take advantage.You have given me a lot to think about.Thank you.

I verify the work is done to my standards before I cut the check.Trust, but verify!

What’s the best way to look at this, straight up cash flow, coc return, something else?

The new LLC would also be a single member LLC & a pass through on my returns.You think I'd be okay to purchase straight w/ a new LLC?

I know with click lock you have to cut out the plank and essentially glue another in (which can get hairy if the floor isn’t perfectly level).

If interest rates go up after a year plus conventional mortgage rates are .25 to .40 percentage points higher than FHA loans, a straight conventional refi may still cost more /month than an FHA+PMI.

I imagine it will create  bit of hostility if I switch builders and cut them.

What you are looking for is language that can be cut and pasted and that will keep you focused on what you find best while quickly providing your “no.”