If anyone local is looking to meet-up, network and/or simply bounce idea let me know!

But if I wanted to use a friend's money, and that friend didn't get involved in the transaction details, the rehab, and all of the work, would I simply treat that person like a bank and pay them some interest?

The guys you are talking to, simply don't want to help their competition, as they see it.

I simply attach a statement to the return and file it.

So buyer 2 could simply contact the real owner.

Is there something like a "statute of limitations" that could be invoked to grandfather in rented units since lack of rule enforcement could be seen as consent to allow renting?

If they don't buy the house then they've paid the mortgage down for you to simply put on the market at retail and cash-out or go out and find another tenant-buyer.

I see you're not putting much effort in studying, simply using BP to get answers for to very simple elementary questions.

The most important things are to not let lack of knowledge stop you from starting on a plan (that's how you learn!)

David Niles I agree with you on the workforce these days lack ambition and are lack goals other than getting enough to skim by.