With Indy SFH#2, the inspection report showed minor issues like back door was sticking, a few GFCI issues, etc.

Could get a policy with it as a second/vacation home, but expect I'd run into claims issues if BnB renters caused a problem.

Investment Info:Single-family residence fix & flip investment.

The issue is that the carpet has buckled badly and needs to be re-stretched, a job which shouldn't take more than a few hours.

@Shawn ChervinskisSee Section 408(b)(2) of ERISA for more information on this exemption.The office space or services are necessary for the establishment or operation of the plan;The contract or arrangement under which the office space or services are furnished is reasonable; andNo more than reasonbale compensation is paid for the office space or services.Regulations issued by the Department clarify the terms “necessary service” (29 CFR 2550.408b-2(b)),”reasonable contract or arrangement” (29 CFR 2550.408b-2(c)) and “reasonable compensation” (29 CFR 2550.408b-2(d) and 2550.408c-2) as used in section 408(b)(2).

The  unit is rented consistently and is functional but also needs upgrades, new siding (has 2 layers), Some rooms could benefit from re-wiring and more insulation,   Painting is always an issue as it is not plaster but older thin wallboard. kitchen is fairly new, bathroom could use upgrade, upstairs bedrooms have some pitched ceilings but I don't think based on the foundation/construction it is a candidate for a full second story and it had a new roof a few years ago.

Hello, I have seen a few of my competitor's buying, flipping and doing SubTo's, and owner financing.

Find a new flip with at least a 200k margin (impossible in NJ right now)3.

I have a property that we originally bought to flip in Southern WI (close to IL border). 

Also I can do all my own work, but hire out mostly on my flips and buy and holds.