All to be verified by your tax person as I am not able to advise you specifically.If you are a super slow flipper and take 2 years to flip it, unless you can show that you at least attempted for a reasonable amount of time to rent it out or otherwise get it qualified as an asset and not just a piece of inventory, then it is still marginal tax rate.  

I have managed to negotiate an great price on a piece of property that has excellent Development Opportunities. 

If your property is nice and prices correctly it will rent. have you thought of using a small piece of high-quality artificial turf and some clean looking fencing? 

If you purchase a large piece of property and later decide to sub-divide it, you could distribute out a piece from an LLC without incurring a taxable event.

Once the home is sold I would like to have a constant flow of properties to wholesale while being able to obtain more end game capital on future re-habs.I have spent quite a bit of time educating myself on the forums to develop a plan of attack, which your feedback and input is greatly appreciated.The PlanTotal Pieces Mailed: 10,002Total Leads Mailed To: 1,667Total Mailings: 6 (once a month)There are 5 different lead types all with at least 40% equity and nothing less than 50k appraised value.1.

It will mean you have a well trained animal, happy tenants and a little piece of mind (no one robs houses with dogs).  

I don't ask for these things unless I am confident at that point that they are a good *potential* tenant.I have no intention of turning over a piece of real estate that my husband and I have made a significant investment in to someone that would not provide this information.

My only piece of advice I'm qualified to give is mortgage/financing related: as you start this new endeavor, I would strongly recommend sitting down with a mortgage/financial professional and sharing with him/her both your short-term AND long-term goals.  

This will be a piece of cake for you.

Hope this clarifies things since there is a lot of non licensed people on here that don't understand there is a distinction.