If tasks within a draw require a municipal inspection, then passing of the inspection should be required for that draw to be paid.Retainage / holdbacks are another consideration.

Perhaps the NC senate will soon pass one of the two house-approved bills that will take away STR regulatory abilities from cities and counties. 

I will be using a LLC when purchasing the property then have an Holding LLC as I will be thinking long term with multiple properties across various States.From what I currently understand is that an LLC is a pass through entity so that income will pass through the first LLC onto the Holding LLC where the account advises how it will be treated for taxes i.e a S corp, C corp or other. 

I wasn’t planning on going the commercial route, but for the location and the price, I didn’t want to pass it up.

I have just passed the one-year mark on owning my first house (which I live in and rent out spare bedrooms). 

I'll send you a PM with more details if you'd entertain looking at some numbers.

Just recently her brother had passed, and I just found out that there is still a $30k note due on the home.

If you're talking about how to reimburse yourself with respect to your investor/partner, if I were that investor/partner, I would expect you to pass one the actual cost of that employee to the project.That said, I would also want to see multiple bids indicating that the cost of that employee was comparable to hiring a third party.

It depends on how you measure "deals are better"  Some of the measures access to entertainment & access to business corridors which results in low vacancy rates.

I passed him in a year and he gave me credit.