Climate, Cotton, Copper, Construction.

No matter what knowledge you can pick up, be it real estate, construction, handyman, sales, customer service, etc., it's all part of your foundation that you build upon over the years, and ALL of it will be helpful in real estate investing.

I lived in my first condo for 5 yrs....then rented it out when we moved out if state.Still renting (going 8 yrs)Bought new construction as live in flip, sold after living 4 yrs.

I need to buy property insurance for my new home purchase, and the tenant will not answer his phone, the door, or respond to allowing me to set up a time to make a meeting time for a property inspector to inspect the house for property insurance.

I am not a contractor, but I know a thing or two on construction and architecture.

Do you have to provide construction plans too, or just a list?

PS: I'm also a little leery of the construction quality of some of those new homes.

So I am correcting that.Of course, our business is doing development and new construction, so it's a little different than most of you, but... just curious.

I've had inspectors scold us for "trying to make a quick buck".

Surely they can call the partnership an on going business that will acquire more properties.There are business expenses needed for any operation and ones specific to the acquisition and management of real estate.Most notably in this case driving to properties that they need to evaluate, then manage construction, then possibly rent it out and manage the properties.I'd think any marketing expenses and other general expenses should be treated that way.