There are some hoops you need to jump thru and you will have to work with a 203K consultant.  

^^^^Well said, in addition to it being a ploy to keep overpaid consultants who are in bed with the regulators employed.

@Shawn McCormickThe best thing would be to consult an attorney/tax professional.

Also, my uncle is a broker and if need be we can consult his wisdom as a broker if that matters in this situation.My opportunity lies in how to present myself, I don't want to limit myself to being known as a wholesaler or flipper or even investor.

We have a lawyer that we can consult with and definitely want to make a educated decision.

I'm not sure how the real estate and property laws work down there in Alabama, but I would *highly* reccommend consulting with a real estate attorney for this one.

Are there reliable and expert consultancies on this?

Of course, I am not an attorney and I would advise anyone to consult a good tax attorney to be on the safe side before going forward with any such arrangement.

It is ultimately up to you, after consulting with a local attorney licensed to practice in your state, to decide the best style of incorporation for your work.

Hi Guys,I just joined on with M and L Real Property Consultants a small group of Real Estate Investors in New York City.