I wasn't really planning on using a private/hard money lender, since I was only going to make cash purchases to the point where I would still have 6+ living expenses and then a little bit extra for unexpected costs. 

Some months we made a few extra bucks, and some months we lost a few.

As an employer sponsored retirement, the 401(k) requires a business that is generating earned self-employment income. 

That while it make work on one of every 100 offers, it will earn you a bad reputation.Sooo... is it good business or bad business? 

Especially if you could get that tiny bit extra out of the garage in the back and bring your monthly cash flow closer to $200 a door. 

The reality of the deal was if we had partnered 50/50 on this we would should have both made around $90k, the project will take 5 months and maybe a couple of extra to sell.

His company wanted around $1,950 to set up a Wyoming LLC with our NC LLC parked inside of it for extra protection.

Hopefully questions like that and extra screening will mitigate some of this.For context, my wife and I just moved into our first househack.

Always plan for $5-10k in extra expenses that are not planned in the budget especially with older homes.

Earning a syndicator fee(s) can be extremely lucrative.