Yet still they want to implement their current non-industry-standard approach because it is "policy".Scott

I work in SW, implementing production critical systems (not RE) related.

Implement your plan with focus and discipline.

You will still have to write a check to the IRS next April as you will come short of the total tax due, but without penalties.Now, if you want to avoid having to write a check to the IRS next April, you have at least two options:A. prepay the expected tax from your paychecksB. implement one of the tax strategies that delay this taxBoth options require professional assistance. 

Lesson 3: Read J Scott’s rehab book multiple times, and actually implement what he recommends.

This is great feedback and I will definitely see how to implement it in future deals. 

I have seen on the forums a good point I hope to implement with my buy and holds.

I use this lender since they don't sell to Fannie or Freddie so no seasoning issues but they implemented this policy about two weeks before I closed.

However, in mid project (especially now that we're doing 3 at a time) things get messy about our finish ordering, what we wanted to do, the good ideas we wanted to implement etc... 

A floor plan and some pictures from your walk through and you're good to go to implement the other items.