That includes zoning, (including a zoning letter to confirm legal use) building, permits, sales tax, licensing, etc.

I'm in a situation where i'm newly self employed (1.5 years) so dont have enough tax records to qualify for FHA lending. 

Under the IRS rules, a person  qualifies as a real estate professional if: (1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participates, AND.....(2) hours spent providing personal services in real property trades or businesses in which the taxpayer materially participates total more than 750 during the tax year.Like @Greg Scott and @Russell Brazil mentioned above, I don't believe that you would qualify as a REPS, but if you are going to try it, make sure you document it very well (i.e. with some kind of proof, like time cards, mileage forms, and/or receipts, etc.) so that just in case you do get audited, you at least have something to provide to the IRS agent. 

These lone wolf GCs who spent the 100 for the GC license, they are like bear traps. 

Hi all,I have 5 units and will have the ability over the next couple years to scale some.One thing that is holding me back is the time commitment on maintenance between little issues that wouldnt really make sense for a handyman/contractor to do and probably wouldnt take the job anyway to renos/painting/etc between tenants and everything in between.

Hi Bigger Pockets Investors,My wife and I purchased a rental property in Bend, Oregon 1.5 years ago for $480k and put another 30k into rehabbing it.

His & my verbal conditions were he move in and we'd take care of bills combined while I took care of the mortgage for the year, then I'd refinance.

I am licensed here in Texas, and depending on what area you are looking to invest in..

Agreed, in 15 years I've never really attempted to go after the wage garnishment, but now I'm looking at the option to see what the process looks like. 

I have had a fax service for 6 years and have just entered the seventh.