Any thoughts whether this scenario would be allowed as reasonable and proper from a tax perspective?

From the provider perspective, the primary reason for lower communication rates, especially during rehab, is that there is just no useful information to give, and using time to contact the construction team, who then has to contact the contractors, then everyone waits for an answer to be passed up the chain so Scott can touch base with the client just to say 'today they worked on plumbing' is simply not an effective use of time.

In the end it comes down to skill, lighting and post production, after a certain price point compatibility of items for desired effect is more realistic a factor than the price point itself..my numbers were for the most part, simply to put it in perspective.

I only ask because in general, a regular rental is going to be much easier and more 'predictable' venture from a real estate investing perspective.  

There is a 1 point prepay and from my perspective this standard from what I have seen in the market.

From a business perspective leverage is good, it increases cash flow based on investors being able to achieve higher returns on their money than prevailing mortgage interest rates.

From what I read I'm not sure this topic rises to that level.Realtors agree to a Code of Ethics, a much broader perspective of items.

Just my perspective from seeing LOTS of landlord insurance policies.I see investors all the time trying to save a couple bucks and doing things that open them up to massive liability and property exposures.I see advice on this platform all the time coming from investors who say they just have an Umbrella policy and not any primary liability.

I recently wrote an article for the Property & Casualty insurance industry that might be a helpful piece speaking to WL: https://www.agencynation.com/i...Hope it can be a valuable perspective.

@Yair Gafni - Do you live in STL or just looking from an outside perspective?