I've had lots of inquiries and one application that we're probably not going to approve. 

The former is W-2 income subject to all applicable payroll taxes.

The C Corp would block the application of the UBTI tax and would reduce the 37% UBTI tax to 21% (C Corp tax rate). 

Personally speaking as I've been in numerous partnerships.  

I'm ready and my powder is dry for the coming opportunities. "Sell when everyone else is Buying and Buy when everyone else is Selling".
Mortgage applications fall amid unemployment surge
Applications decrease 17.9% ...

He accepted the offer, now going through the process with the mobile home park application

As you can see from your answers -- all relevant and applicable options -- there are many ways to go about it.

Every time (crossing my fingers), we have been surprised by the strong demand and large number of applicants. 

I'm actually looking into doing my first flip but seeing that I work at a Title Company I've also seen a lot of deals fall through due to Covid bc people are being layed off...So I would say make sure your financing is secure and (job as well) bc they will check before they give you a clear to close and if anything is different than what you originally disclosed on your 1003 (lenders loan application) then they will have a reason to delay closing or cancel it.So just make sure all your ducks are in a row before you jump.

@Carl WestFill out the building permit application - most likely it is on the city website.