Here an interesting quote from that case:“Our historical position that rental of one property constitutes a trade or business establishes a general not an absolute rule.”Well, now, that’s interesting.

I bought the lot 10+ years ago to prevent a slash-and-burn developer from getting it and putting a home that wasn't right for the historic neighborhood (it's not designated, modern homes look extremely out of place here).  

I've talked to town and it requires a waiver but shoulsnt be an issue since it's not in a historic district and has the right septic systemAny experts with knowledge of Retail space renta on upper cape?

Good contractors look for a win-win, value mutual respect, take pride in their service and product, and are interested in establishing relationships with customers that will lead to more work.My suggestion?

I want to take a year to have relationships ready, raise my familiarity with the process, and learn what not to buy before I start making deals.Any major flaw to this in Albuquerques market?

Try a small community bank or credit union and try to stay in your local area to build a relationship.

I work for a commercial mortgage broker that has relationship with hundreds of lenders and thousands of lending products. 

Not looking for a formal mentor relationship or anything, just some general resources. 

It depends on the specifics of the deal, the relationship between the parties and what each party thinks is fair.I would suggest sitting down with her and having a discussion about it -- something you probably should have done earlier, but better late than never...

This is a good question.Obviously your relationship to your potential partners is important.