I am not opposed to the arbitration option but would prefer the deal to be structured more like a rent-to-own where I would build some equity. 

Has it's own tax return, etc. 

Paid out-of-pocket in payments and completed a Quit Claim Deed, plan to build another small rental on the same property.

I decided to build an airbnb in a private resort in Tecate Mexico.

In the process of building momentum currently.

But if you MASTER one thing at a time and make that a HABIT then it will build confidence and momentum to tackle your next habit.Thanks for taking the time to read guys!

At the VA website, it clearly states that:VA home loans can be used to Build a homeSimultaneously purchase and improve a homehttp://www.benefits.va.gov/HOMELOANS/purchaseco_eligibility.aspThat being said, we're on the hunt for lenders that offer VA Rehab loans, i.e. the second on that list.  

Do I then need to pay capital gains tax on the $550k amount or not?

Work on building credit, increasing your income.

While corporations must adhere to annual meetings, board of directors, minutes, bylaws, corporate officers, and franchise tax filings/public information reports, LLC’s have only Articles of Organization and Operating Agreement.