It will be a good cross between my healthcare and real estate experience.

Of course, purchasing their property and renting it back to them had crossed my mind as one of the options I could offer, so I'm happy to be learning early in the process that it's not actually an option.

I may be able to help if you have another property owned free and clear that I can cross collateralize..

Tradesmen who have multiple accounts are independent contractors and as such are responsible for their own tax reporting - - 1099s are not required to my understanding.If this person only works for you, then yes you need the W-9/1099 as you cross the $600 limit.BTW:  paying cash under the table contributes to tax fraud - - for you and the tradesman. 

Maybe we will cross paths one day!

Nothing is bullet proof, of course, but I am not going to put properties in my name alone and cross my fingers either. 

The property is located in a very desirable neighborhood, bordering the fab forties in Sacramento.We have a meeting set with family owning the other 50% for this evening to help us evaluate the group we would be partnering with if we decide to go through with the purchase.

every time you put a "deposit in the jar" subtract from 1000and put the new number like , deposit 125 dollars and cross off 1000 and write "875"Then do it again.Shoot for $5000.

So far it has kept my DTIR low (I say low if you can call 29.8 low) and when I need it I cross collateralize  I can draw on the equity in multiple properties. 

Will do, hopefully our paths will cross someday.