That means you make 2k in origination and then 11k/12 = $916/month.Let's say they hold it for 5 months = $4,580 + $2,000 origination = $6,580 return on 100k so about a 6.58% return and your risk for that return is 100k, cause the deal you back can go sideways.There's a much safer way to make a better return. 

Is it advisable to have different CPAs in each state, or should one take care of our entire national portfolio?

Plan is rehab it rent it and refinance it to pay back private money lender.

We are in a semi major metro (Tampa) so while labor is always challenging it is not as difficult as a small town I imagine. 

Is there time limits to convert, I understand that there may be depreciation recapture, but if I keep that as a primary residence say for 20 years or longer am I going to have problems with IRS. or at some point way down the road there will be depreciation recapture or does that go away after awhile.

Purchase price: $380,000 Cash invested: $60,000 This is a single family, brick home in SLC Utah, split entry with a big back yard.

This is classica analysis paralysis fodder.

My golden rule is to answer every phone call and tell the truth.

What is the interest rate of the loan you have?

Hello my name is William My family taught me how to build homes in the 90s from the ground up.