Seems like cancer patients and transplant patients want MTR...may not want to stay in hotels...may want someplace pet and family friendly and want a host with a heart that can shorten their stay---Say YEAH....or extend it, without paying big penalties.....and these are people often networking with other patients and families who may be your clients too. 

Since the interest rates are high right now and prices pushed back a little bit I thought about doing an owner finance on a five year balloon.Thinking about paying it off in full and then turning around and doing an owner finance at a value somewhere between its current condition value and the ARV.

Aside from the fact that I control my money and don’t pay fees for using it - I also avoid UDFI tax which is triggered by UBIT in syndicated deals.  

For the full appraised value or just enough to pay back the small note+renovation costs?  

If you're going to manage a GC, make sure to meet them in person and avoid paying for the entire job upfront (typically for smaller jobs, you will pay half upfront, and half at the end). 

This includes keeping detailed records of all transactions.Mortgage Payments:Handling Income: The LLC can pay the rent for the use of the rental space, which I can then use to help pay off the mortgage.

GC's should not be banks - have the borrower get a loan from a bank to pay the GC (this is what I would do if I was the GC)

You also could look at a line of credit on the property and pay interest on the money as you use it.

This means instead of getting a mortgage from the bank, you pay the seller in installments.

Someone agreed to pay and not only didn't but refused to leave a property they are not paying for so yea I guess your right that is fraud in my opinion.