For example they say they use a special proprietary mold remediation serum that they spray to eliminate any mold growth, but mold armor from the hardware store/ bleach is the same stuff basically.

It was already rewired and had a special footprint/ layout and great location.

The only thing I don’t understand is why the OP, with millions of dollars at stake, asks investors on a general real estate forum for answers to specific legal questions instead of asking an attorney specializing in mortgage law. 

I specialize in investment property loans, and I’m happy to help you figure out which loan type would fit your strategy best.Also, regarding your question on meetups—there are some great real estate investment clubs in North Texas (Dallas REIA, for example) that host regular networking events.

Like I said this is our first property and it’s a special case since I use the portion of the house (in the bedroom) as my office and we rent out technically 3 bedrooms 2 baths to renters.

Especially if you’re interested in finding off-market gems.About your first few questions when it comes to bank accounts and loans, there’s no special “land flipping” bank account, but you want one set up specifically for your real estate activity.

If you are starting to build up your real estate portfolio, you may want to switch to a CPA that specializes in real estate taxation.

Yes, we collaborated with experienced agents and knowledgeable lenders who specialize in investment properties.

This has just been my experience both as an REI and the owner of a bookkeeping firm that specializes in serving REIs.Hope that helps!

. :) Hi, I am with Irish Jones, we specialize in Property Management, Investor focused agents, and investor focused construction services.