I think reasonable people can disagree about this issue, but from my perspective if I have delivered what the state's insurance folks say are "good funds" I HAVE performed on the contract.

And Aly, appreciate your perspective as a long-distance landlord (I was wondering about self-managing long distance landlord situations).Some great insights for me to consider as I figure out a balanced approach here.Thanks everyone..Rick

But that's one of the great things about the site @Esther Thomas - all the different perspectives AND reasons why - so you can see what makes sense for you.

Homes in the $60k range should rent for $700-$825 depending on who your doing business with but you also Ned to make sure there is no loss on a quality fresh renovation. 

I was initially reaching out to hear if anyone had anything the knew of that would be unusual since it was with a family member.A quick update: Accountant stated that as long as we treat it as a a loan and follow the IRS's AFR (applicable federal rate) as our interest rate and have that documented in the agreement of the loan, we should be OK from a tax perspective.

Here in CA, the challenges to development from a regulatory perspective make development undesirable for business people who take risks in exchange for profit. 

Hello all, I am new here and freshly looking to get started investing in real estate.

I'm not sure if this is what you're looking for however this was my perspective.

He has knowledgeable, interesting guests and is an awesome interviewer from the perspective of being an agent, flipper and landlord.  

The plan is what the plan is from a tax perspective, and therefore just seeing the best possible return on investment for the plan regardless of the asset class is the right approach.