@Mark Gerlach creative, but mortgage fraud.You have to disclose if you own more than 25% of a business you use as income to qualify.Why don't you just get a DSR loan that should allow you to do the rehab and use the projected rents to qualify?

However, high ground water levels, like those after heavy rain, can submerge leach fields, causing "over saturation" and system failure, leading to potential septic backup in the home and, if Santa Cruz County Environmental Health is notified, could trigger a ATD upgrade requirement.

Well it is just previous SFH we used to live in turned into rentals, my parents knowledge in RE isn’t as good as say our knowledge in the restaurant or business industry. but i get what you’re saying which is why we are trying to pivot whilst we have the nice cash from our business coming in to help fund our deals.The thing with the New Construction is it will take a lot of my powder but i can save it again pretty fast considering the very frugal life i live and the amount i work. but crazy to say some of the time atleast right now in my area new construct is better deal than existing buildings. its crazy ik but its true

I am writing my business plan and I am trying to figure out how I will include in the renovation costs from a percentage of the purchase price, This is if I even have to because of the business type?

So I gather then that TIC failures post 2008 were quite high (notwithstanding their awkward voting structure)?

The parties experience, strengths and availability are critical to ensuring  the partners duties and responsibilities are compatible and capabilities are sufficient to execute on the business.

I've been in the home valuation business for 30 years, so I'm highly proficient at using the MLS and County Records nationwide. 

Good luck and Happy Bidding.https://www.tax.newmexico.gov/businesses/property-tax-overvi...

With the BRRRR strategy, you can "force" the appreciation and get the benefit of both.Please feel free to connect with me if you have any other questions, and if you need any assistance or guidance with bookkeeping, taxes, or other business strategies please let me know.

In my state, property management is completely unregulated- generally, that's a good thing for business, but man, you should see some of the leases we inherit.