@Eric McginnI’ve had this same problem at my first three family.

Investing isn't an Either Or sport, but rather a This And.

@Jody MartinezYou can pull the permits typically for the GC but not for trade permits. but if you do the work are you going to disclose this when you sell that you hired unlicensed contractors and notify your insurance if same?

This is the angle I'm attacking. 

Purchase price: $120,000 Cash invested: $25,000Our latest Flip, this was a pre- foreclosure lead.

So we are not in agreement.I sent this to my tax accountant https://www.investopedia.com/terms/p/passiveincome.asp.She sent the IRS link to me https://www.irs.gov/pub/irs-pdf/p925.pdfI wonder how your tax accountant treat your private lending interest?

The Corporate Transparency Act (CTA) requires most small businesses to report the personal information of the beneficial owner's to a special unit of the U.S.

Purchase price: $212,000 Cash invested: $67,000 Great starter investment home. 70% ROI What made you interested in investing in this type of deal?

This is easier and cheaper that doing a double close.  

Layout reminds me of small time share condos but the other condo complex next door does not resemble this one at all.