I'd thinking that a HML would want you to have a little experience too. The

Over 2 months due to the remediation, GC had a health item that likely added close to 1 month, 3 months Covid impact. 

RECOMMEND you break your SOW into 3 segments:1) Health & Safety + Property Preservation repairs - these should always be done to avoid lawsuits & further property damage- Handrails- Smoke detectors- Water leaks- Etc2) Needed cosmetic repairs that will affect marketability- Ugly paint- Ugly flooring- Out of date kitchens3) Miscellaneous that may or may not affect marketability- New windows (assuming old ones work fine)- Above range microwave- Anything that is slightly damaged, but still functional.

Wish both of you the best health.  

@Stephen Shelton - they can trim the branches crossing over their property line... as long it doesn't affect the health of the tree.

That said, there are some additional deductions that can be had just by running a business flipping houses:- Deduct any educational tools- Deduct any real tools- Deduct mileage on your car for work travel- Deduct home office (if you have a dedicated one)- Deduct health-related expenses, including insurance premiums (there are limitations)- Deduct equipment that you use in your home officeI'm sure I'm missing dozens of good deductions that you're afforded just by running a business -- though few (if any) are going to be specific to flipping houses.

I am trying to contact an attorney but you are very knowledgeable in this area and thought I'd ask you first...the property is in New York.Also, I believe I spoke with you years ago about this but my memory is fading and health issues in my family delayed everything with the sale of this property.Thanks- Eric

In order for a tenant to get the water put in their name, they must show a lease agreement, then the water dept checks for a dwelling permit, if there isn't one, they contact the health dept and all hell breaks loose.

I work full-time as a Director of a health care company, and and flipping homes was supposed to be a side hustle, but it has very quickly become somewhat of another full time job, but I wouldn't have it any way as I'm enjoying the ride thoroughly.  

The country not being in a responsible fiscal position is good incentive to reassess your own financial and portfolio health and a strong reminder that we likely shouldn't rely on anyone or any expectations for our own financial independence and sovereignty.