My solution is investment in a development project with the developer where you become a partner.

It depends on whether I use a GC for the project or sub the project out directly to multiple contractors, but I always start with a Scope of Work document.

You can use class tracking to differentiate income and expenses for each project.

Any work done on the rented unit itself is 100 percent deductible.Larger projects, such as major improvements, fences, landscaping and other projects that add significantly to the property's value, are deductible at the same percentage as repairs and maintenance, but they are usually capitalized and depreciated over time.

I'd love to hear more about your projects in AZ sometime.

I determined I was wasting too much time evaluating projects for my agents, that I was making less than if I canned them all and just did my thing.

Given my background with small projects, I figure working a deal for something about 10 to 20 units would be a good step for me.Would love to hear any advice or questions from the BP community.

Hoopman acknowledged that securing funding for these projects could be Habitat's biggest challenge.

Do you have any Royce Builders projects close?

That's a commercial project.