Thanks to bigger pockets I believe more in myself and ability to be successful in real estate.

IE buy a home that your going to reno and there is the ability to bust a lot of off it.. this will get you used to the process..its the same process 70% of the time for those as it is a 20 lot development..

Both hats call for the ability to ask probing, open ended questions - in auditing to identify amounts correctly, and in your case, to do proper tax planning and use the IRC to your fullest advantage.Not the best news for you, but I hope it helps.Jim Kennedy, CPA 

They will factor this into your ability to pay.

I have no concerns about his ability to accurately bid this job or his ability to complete the job timely. 

This approach may limit your ability to rent, I am not sure though. 

Purely a guess at the moment, but he also runs the risk of losing the ability to creatively use the land if the mapping goes the wrong way.

It would be hard to blackball a buyer as they could just start another LLC but the agent would be in jeopardy of losing their ability to sell HUD homes@Russell BrazilI agree with you regarding the net listing.

Also, I personally think in the beginning they were arrogant in their abilities to manage large portfolios of single families, especially in the quality of neighborhoods I saw them buying ...

Get a deal that has a giant spread so if you mess it up, you'll be okay but just have faith in your ability to problem solve and treat it like a challenge everyday to over come or a puzzle to solve versus the end of the world.