Gives me more flexibility on my exit strategy in the future. 

He also did an 8 plex with it stacking them and that project failed and lost money.

This is where you report negative income amounts, including NOLs.Calculate the NOL Deduction: The NOL deduction allows you to carry the loss forward to future tax years to offset taxable income.

So let us embrace the future with optimism and enthusiasm, knowing that the best is yet to come.

I'm new to the BRRRR method, what are the requirements needed by a hard money lenders to fund a project.

Should I just use a construction for the entire project or can I buy the home with a mortgage then try to knock down the home and build a new one.

These are all solvable problems you can draft a business plan for, then propose your strategy and projected business benefits to the host.  

I specialize in out of state investors and have gotten a lot of interest for more properties but need boots on the ground to handle repairs.Please PM me with anyone you have worked with and would continue to use in the future.  

I have experience working for general contractors as a project manager however I am not sure how much that will translate into the real estate investing side. 

Thank you for taking the time to respond and looking forward to talking real state in the future.