As long as you used the gift cards all up and promptly, I would probably staple your gift card receipts (showing you paid $90) to all your receipts of items purchased, and then just put it all in as one general journal entry with the $90 to your capital account (or if it came our of your business out of your biz checking account), and then the items you purchase multiplied by 0.9 either to repairs OR to increase the basis of the improvements which you would then depreciate.

As a title closer I was explained that back to back closing are ok as long as each transaction is independent, each transaction starts and closes before moving to the next transaction.

I hear that as long as people get at least 80% off of market value of a house in a hot market that is a deal to them.

Thats ok, I have seen a few South of where I live that isn't to high in price either, just need some TLC which I don't mind, as I said I ain't afraid of putting in a little (or a lot) of sweat equity :) Even my wife has some ideas (as long as it isn't pink polka dots lol, and yes we have seen a couple houses with those {Shudders})

I don't discard turnkey companies, for example, as long as the fees don't eat up all cash flow.

But sometimes I like to try and fix certain things myself, mostly for sh*ts and giggles ;) I remember being real proud of myself for switching out the toilet tank thingy that controls the water flow :) of course it took me 4x as long as a professional plumber, and I ended up paying myself a whopping $5/hour, but it we fun!

There are people on this site that have been buying and selling 4x as long as I have.

For the most part you should be ok as long as you fully disclose that you are an agent.  

This is called delayed financing and it works great as long as you meet all the guides and do it in less than 6 months from the purchase date.You look like you're on your way and good luck to you Sir. 

As long as it's working for you, there is nothing better than that.