The general rule is: to anybody who was paid by you for services (work) or who received a profit distribution from you – if he received from you a total of at least $600 total during 2023.

Those forms are generally well reviewed by local attorneys in regards to the local jurisdiction regulations.

They tend to cost more to construct then they add in value, they are generally more valuable for a property you are holding as a way to generate more income.

As many have mentioned, most fix-and-flip loans allow lenders to fund up to 90% of the purchase price and 100% of the rehab costs, but they typically won’t exceed 75% of the ARV.However, If you're not including a rehab budget, lenders often cap the loan at around 70% of the purchase price, which might explain the situation you're encountering.It’s generally more advantageous to include a portion of the rehab budget in the loan.

I would generally agree that managing more units under one roof does create some efficiencies. 

The Justice Department’s acting assistant attorney general, Doha Mekki, put it bluntly: this case is about ending the practice of “putting profits over people.”

Umbrella or General Liability did not come into play. 

That's before you pay any debt service.To answer your question: No, it's generally not a good idea to lose a bunch of money every month.

Generally, if you're going the MLS route you're going to need to put a bit of work into it. 

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