I never used general chemistry to get my professional license or to treat patients.

We'll plan to treat the floor with some type of enzyme that kills bacteria, but I'm also planning to run an ozone machine.Do you have any recommendations of machines you've used and for how long to run them?

Be good to all and treat people fairly!

This might be helpful:  If a taxpayer's capacity in a given activity is more akin to that of an investor, then the activity cannot be treated as participation for purposes of deducting passive losses unless the taxpayer is involved in day-to-day management.

It is OK to treat this down payment as you would a business, and this aspect of it should be treated as such IMO.

Treat this as a business, because it is!

I just continue to try and find people who are better than me at the task and then bring them on my team (treat them right).I can definitely help with some rehab/construction cost numbers.As far as rehab financing goes I would link up with @Michael Barbari and he will get you lined out.

It may not fit your plan perfectly but you may want the investor be the lender and treat it like a hard money loan.

I did a video on getting down to your NOI after that (to get to cashflow) you need to subtract your debt service and capex reserves (I subscribe to capex being 'below the line'...a good explanation here: CCIM courses on commercial real estate, and in our Real Estate Investment Analysis software, is to put the reserves below the NOI – in other words, not to treat reserves as having any effect on the Net Operating Income.This makes sense, I believe, for a number of reasons.

He had to treat it as investment.