I regularly flip houses, and consider it my business for tax purposes.

Should you be required to pay your broker on any deals that you wholesale for insurance purposes?

There are companies that provide agency for foreign (out of state) entities for the purpose of legal process service. 

Kristine Marie Poe   In TExas you do not need an NMLS license for non owner occ commercial purpose loans if it fact this is what it is.

So even if you just put $5k into repairs and $5k for a fee, you would be at:$47,125-$5,000-$5,000=$37,125 MAO (start lower for negotiation purposes)However, I would strongly suggest you go look at the place.  

Since most rental property generates positive cash flow yet show a loss for tax purposes, the net passive loss allowance lets you reduce your taxable income.  

But I thought the purpose of Cap Rate was to use as an evaluation of a possible purchase.  

I also heard from an owner in the area that said you can work with Cascade on packages and they will promote your property.

For financial statement purposes, your CPA may break out each property separately with the related insurance cost to show you the profitability for that particular property.  

I love old craftsman homes, but the idea of buying one for rehab purposes is crazy, there is so much that can be going on behind the plaster and shiplap that it can drive you into the poorhouse.