Hey Benjamin,I'm new to flipping as well and also looking to get my license (so I can't really give you any advice) but I was curious what benefits does the licence give you? 

That's one of the great benefits of MFR's and I'm glad to see other investors like yourself capitalizing on this great opportunity we have with real estate.

Whoever wants out has right to get the benefit of a full market value of his/her investment and must also be ready for the decline in the market value. 

Additionally, it does not apply to rotable, temporary, and standby emergency spare parts"Essentially, an appliance or other equipment installed in a building is considered Rotable and Temporary when installed in a UOP (defined as a building, in this case).  

@Victoria Crump your friend will benefit from a portion of that property being tax free as their personal residence for 2 out of the previous 5 years. 

May be best to hold for a few years before CapEx, then sell if it doesn’t this summer.look if you're earning appreciation, amortization, and tax benefits, it's hardly a terrible asset. just mehI have one just like it.

@Jason MoranOne of the benefits of the Solo 401k over the IRA is the exemption from unrelated debt financed income when using the Solo 401k to purchase real estate with leverage.

By not designing the policy properly, they are fully driving out the cost of the death benefit (and commissions).

I assumed all buildings in MA were smoke free.I called the prior management/HOA and they essentially told me I have no recourse even though it lead to my tenants leaving my rental.Any advice on action I can move forward with would be appreciated.

I think it would be a benefit to get my license.