@Eamonn McElroy So, assuming her private lender is an individual, wouldn’t you agree that the instructions for the 1099-INT form states that “You are not required to file Form 1099-INT for interest on an obligation issued by an individual”?

I would need the test performed on an individual lot.

Stock and notes interest would most likely be considered passive income so you should be able to offset them.Always consult your CPA because there are so many rules that may be true for one individual doesn't apply to another.

Finding individual tenants to fill each bedroom seems like a lot of work- May have partiesWhat do you think?

@Tyler ScottIt would seem that if someone acts as a wholesaler individually, he will probably fall under the radar of the state real estate commission.

I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.

This individual is wisely giving himself enough runway to ensure he has the time to complete his project and pay you off according to the terms of your note.

The SEC defines an accredited investor (who is a person) as someone with an annual income from the past 2 years at $200,000 individually or $300,000 if they are investing with a spouse. 

I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.

Is it metered individually already?