Since they don't file their own tax return the tax payer remains the master LLC.  

Conversions of *any* residence into a short term rental indiscriminately depletes the housing stock, causing the rest of the demand side of the market to squeeze into a smaller supply.3) More households - Along the same lines as the divorce argument, I suspect that following the crisis of 2007-2008 we saw more young adults (say, in their 20's) remaining home with their parents. 

@Jacob Beran realize that once a pile of plowed snow remains like that for a day or two, it melts, refreezes, and turns into one huge hunk of ice.

All remaining gain goes forward in the 1031.  

They finished the last small touches last week and now want the remaining half.

He may be an E-7 or an E-5, but it'll be in the same ballpark.Recruiters are generally folks that have been promoted beyond many of their peers, who intend to remain in the military for 20 years.

They look at the useless and unreliable (and cheap) contractors and figure that it's a simple model... then they look at a very useful and reliable (and expensive) contractor and start trying to figure out how to get the expensive one to behave (AKA: Price) like the cheap one while remaining useful and reliable.The problem is that the useful, reliable (expensive) contractor is never going to agree to work for the kind of terms an investor wants in a 'partner' ... the dark truth is that a useful, reliable contractor who has been in business long enough could probably flip houses if they wanted to (many do), and the investor isn't adding anything that the contractor couldn't get through a lending bank.Also, the business model of even a mid-sized successful construction business is fairly complicated and involves cost models that look like never-ending rabbit holes of complexity... and most investors (most people period) absolutely cannot believe how much it truly costs to be in business, to say nothing of remaining profitable.

Now we are asking them to deposit remaining rehab money against principal.

Ideally I would like to buy a multi family property, live in one and rent the remaining units out.

Often this stuff will swell when wet and will still remain "lumpy" or crumble even when dry.