Converting the basement to a living space to make a duplex.

The way that things like this are typically handled is that if a lawsuit were to happen, since both people have been behaving under the assumption of a lease (the landlord renting their space and the tenant paying rent), they would probably treat it as if there was a standard month to month lease agreement.  

How far off the mark am I on this one?

My objective is to buy about an acre of land, that is already leveled, access is being done, and utilities are going to be 5 feet from the property; and then build 3-4 shell retail spots on my plot, owner occupy one of them with a business and lease out the others.I am meeting with a developer this weekend, but have some wrong numbers regarding the average cost of building a shell space. 

I don't need to but it is worth it as I have my own space.

A cabin that in theory would have cash flowed positive almost $1K/month had the kitchen drain go through the crawl space and dump out about 4' away from the house.

If they marked "corporation" (as opposed to LLC) - you don't need to send 1099s.

It’s fantastic to have someone with your level of experience and passion joining the investment space.

I specialize in Multi-Family and Single Family Residential Development as well as Commercial and Flex Space.

I own a commercial building where I use half of the building for my team and the other half is office spaces rented to businesses.