So that kind of clause is pretty much a non-starter.But why not use regular contingencies to your advantage. 

How do they convert the commission income to the S corp to separate it from their W2 (if they have a regular job also) ? 

While a regular 1031 in your price range would be around $750, a reverse could easily add $4000 - $6000 to the fee. 

This is taxed as regular income.

New 2010+ are built to the same or higher standards than your regular stick built homes.

I regularly teach courses at the RPOA and find that there are a few laws that many Michigan landlords miss in their management practices.

A regular conventional loan doesn't have a rehab portion to it.So if you want to buy a home for 100k then you'll need at least 3% down and be a first time home buyer or haven't purchased a home in 3 years.  5% for anyone else if they qualify.I hope this helps.

Yes, if you regularly work at two or more places in one day, whether or not for the same employer, you can deduct mileage from your first job location to the second job location.Note: The mileage from your home to the 1st job and from the last location to your home would be commuting miles and are not deductible.What if I have a temporary work site?

But if your AGI is over a certain amount, they start phasing how much of that writeoff you can actually use against your regular income.That being said, its not like you lose that depreciation writeoff.

I work a regular full time job and i just started a new LLC for building new construction homes for extra income..