My accountant said as long as I keep all receipts for proof the money was used for renovations then it would be fine.I'm also wondering can I put 20% down and put the remaining funds into a new bank account that is separate from my personal accounts.

What all types of residential development have in common is the due diligence and planning process on the front end.

Calling all wholesalers out there on BiggerPockets.

Hi All, Does anyone have suggestions as to the best Commercial Real Estate Investing Course(s)?

Good afternoon BillThank you for all the information, links and suggestions.

Hi all!! 

I think it’d be worth holding for a few months until January  Also fyi a lot of students pay by semester all at once, once they’re refund checks come in which can be a couple weeks after classes start. 

If you're using all cash then obviously that's not an issue.Another thing to consider is if the land has deed restrictions, checking on the city website or MLS would be your best bet there.I'd love to learn more about what you're trying to do and maybe be able to help answer any questions you might have!

If he agrees to let the other person move in, make sure you put that in writing and have it signed by all parties.

The price for these 4200 SF buildings are very low about $135,000 per unit leased at $1350 a month and they have high end custom finishes and private patios, covered parking for 2 vehicles and usually all individual meters.