Understood, what about a higher value property at about 200k would that be more feasible to attain a traditional mortgage?

Understood,thank you.

My dad was asking me about this tonight and I told him that I understood how to reduce FICA, but that I didn't know what the rules were about social security income.

I understood that it was desirable to hold the property in the company name (S corp or LLC) to limit my personal liability....

Once I became more knowledgeable and experienced (wholesaling & completing rehabs), the more I understood the strategy of wholesaling is ALL about value and creating a mutually beneficial relationship.

Single-family houses: Tenant agrees to provide for adequate pest control, including, but not limited to preventing and eliminating destructive insects, rodents, and reptiles found on the premises.

Under that same premise but changing the value to $90k instead of $100k then you would be limited to  $67,500.  

The Code states, "[t]he tenant of a structure containing a single housing unit shall be responsible for the extermination of any insects, rodents or other pests in the structure or the premises," but for larger properties "[e]ach owner of a structure containing 2 or more housing units shall be responsible for the extermination of any insects, rodents, or other pests in the structure or on the premises except where infestation within a housing unit is caused by a failure of the tenant to take reasonable action to prevent the infestation within the housing unit."

We are still examining the best way to “fix” the issues with the Bank on Yourself policy I currently have.He clearly explained the details of the policy and took the time to make sure I understood how the Indexed Universal Life policy works compared to the whole life policy that I did have and was familiar with.

Understood, thanks for the clarification.Just in case I wasn't clear enough in my original post: I have all original invoices and receipts for all work done, on original company letterhead, with clearly itemized descriptions and costs of the work performed or items replaced.I assure you that Judge Joel Wohfeil will find that I have all the necessary receipts and invoices that he demands of his defendants as landlords.Thanks again!