However, you may have an active business based on a number of factors surrounding how you conduct this activity.

Or are you getting sued because one of the members committed fraud or otherwise engaged in some "bad" conduct (e.g. violating FHA rules, lying on the loan application, etc.)?

Addressing the issue of changing the scope of work (SOW) during a flip project financed by hard money loans involves several specific steps:Detailed Initial Assessment: Before finalizing your SOW, conduct a thorough inspection of the property.

Also to conduct thorough research on the property to identify potential risks or issues like outstanding liens, etc.

Listen to the BP podcast and as always be sure to conduct your own due diligence. 

Does anyone recommend any specific sites, software, etc. they use when conducting research on certain markets/areas?

Conduct Interviews and Ask Pertinent Questions: Arrange meetings with potential contractors to discuss your project.

By defining your goals, conducting thorough research, and building a solid financial foundation, you can unlock the potential for long-term wealth creation and financial success in the world of real estate.

Be sure you conduct the proper due diligence first in regard to down payment, closing costs, and reserve requirements for the next rental.

This rarely happens, many conduct transfers with this never occurring.