Good afternoon BP fam,So i understand and have the outline of what a business plan for real estate investor should be, but could someone show an example or copy a link to an example of a business plan so that i can see what it looks like completely when it comes to real estate ?

Once that work is completed the fire department will come back out and issue their approvals.There are multiple pull switches throughout the house feeding into a central alarm.  

I believe I have a gist of how to complete a double closing, I just want to be completely sure.

Long term capital gains for income up to 75,300 for married filing jointly is completely tax free. 

I'm certain this is a good deal but I'm a bit apprehensive because, for 1) its outside of my Houston area Market so overseeing a rehab would be quite difficult 2) With such a large home we would face some financial challenges with doing a complete remodel.

Regulations surrounding this issue are relatively new and vary by state... some states simply list instructions for "cleaning up" the "contaminated" property... the same steps that companies like yours are trained to follow I would assume.

Or is here something I'm completely missing?

Simply put, you won't be able to.

It was completely rehabbed with an additional  $150k.  

"  - I know of no tax advantage simply by employing a strategy to limit liability.