If you want to lose the JOB that most carry around like a ball and chain then get to work and make crap happen...

It is having the ability to tip $10 for a $10 meal if the service was good and not ever notice it in my spending money.

W2 versus Schedule C... don't turn an ant hill into a mountain.Why wouldn't you deduct your meals and entertainment?

My personal philosophy is to renovate to a very high level anyway, to limit repair calls and turnover, so the inspection process doesn't phase me.I would be interested in hearing how your complaints up the chain work out.

So, when you're buying via an agent, you're creating a daisy chain and two (or three) people are trying to take a slice out of the deal.Of more significance, your buyers have access to the MLS, too.

The only thing I can even think of off hand is that if an owner changed title from one entity to another and failed to properly convey title back or to another entity (as investors do from time to time) and such manuvers messed up the title chain, you might be at risk.

Briefly- fruit orchards and vineyards,  hydro dams/ electricity generation, block chain / data centers, aerospace supply mfg, etc.  

The wife comes home to find the husband started a fire while trying to cook a meal.

Any improvements that you make, other than something like fix a leaky roof, can not be recovered, if you subsequently lose the property back to the former owner or the former owners heirs.I've seen properties with multiple tax sales in their chain of title, ALL of the tax sales need to be cleared, not just the most recent one.Many counties even for judicial sales only do one owner searches instead of full title searches so they can save money of searches. 

Do you know how to take meal deductions?