So, i want all contractors to start signing a contract saying, among other things, No extra pay unless there is a change order approved.Only thing I'm not sure about is should I require all contractors to say they have liability insurance?

This means no limits to the number of 30 yr loans.   

We are considering one that’s charging $0.50 a unit but problem is the functionality seems limited.

It may only be a matter of time before strict short-term rental regulations in Texas cities, such as Austin, are a thing of the past (or at least significantly limited).

What is less clear is potential license liabilities of licensed parties engaging in transactions where unlicensed wholesalers are receiving compensation.

Account ClosedThere's several considerations: tax, liability, transfer issues, cash flow, qualifying for a loan....You'll definitely want to look into insurance... is Kyle a licensed contractor with his own insurance? 

Being licensed means taking on a legal duty that limits one's ability to take certain actions other investors can take.I know people who became licensed stock brokers but never got a job in the industry.

Notable examples of folks being burned buying company stock at a discount include, but limited to, Enron, Worldcom, Lehman Brothers, GM and a whole host of other companies.Having worked in finance for a long time, I can tell you that no company is doing you a favor by letting you buy their stock (discounted or otherwise).

When you do, the sky is the limit.

You should be able to get a standard dwelling policy for the occupied building but not for the liability.