In fact, most loans obtained for these purposes are non owner occupied loans and they may have pre-payment penalties, but that is getting way off base for this conversation.Lets stick to the topic at hand which is about how to set up QB for flip projects.

Or would this be non kosher and hurt relationships with future GC's?

My back ground is in church and non-profit work, but one year ago (March '17) I got into slingin' mortgages.I'm highly analytical and I'm addicted to spreadsheets.

However, in our experience, while you may mitigate the cupping/buckling, you will not prevent it ... though you may prevent mould growth.My preferred floorings in bathrooms are (in order): {porcelain} tile (particularly with in-floor heat), linoleum (not to be confused with vinyl for which the term linoleum is frequently misused); or {loose-laid} vinyl sheet or vinyl plank.  

I'm a bit torn because I've gotten a couple replies like Thomas's, and I would definitely consider some non risky financing. 

From what I hear and read, South Florida, and Miami in particular is currently not a good investment market, and I see that as a good thing for me because I need 2-3 more months of education and networking before I can even come up with a sound strategy. 

However, you will be required to file a non-resident state tax return in the states that you own the properties.Proximity of your accountant isin't as important as getting the right accountant who understands real estate taxation.

Hopefully all the books BP and non BP books, BP education, BP podcasts, and BP forums will flow out of me!!!  

I only found this out when the water was cut off by the city for non-payment and the other tenant complained about not having water.

I have a few questions about getting started in mutual partnerships, particularly 2 of my close friends.Basically my short term goal is to save enough funds to put 3.5% down plus have 6 months expenses saved towards a 100k-120k FHA loan on a duplex, triplex, or quadplex & househack for the first 1-3 years.