Would I pay for all the remodel expenses and then 50/50 split of profits or does contractor pay remodel cost?

Currently own a STR thats been profitable for almost 3 years now and in the midst of a Live-in Flip.

I have found a few deals on the market lately for some clients that flip, the numbers still gave the flipper a profit and the rehab time was 5 weeks.

Perhaps you can barter that for experience and, perhaps, a taste of the profits and then, later when you're capitalized, do what you're suggesting but now with experience and skin in the game.

Take a look a look at the RPAWi. org, which is our local non-profit landlord association located in Milwaukee.

Once I build some profit I plan on putting a structure down.

He's had two successful flips so far and after this third one he's looking to pay off the HELOC and roll the profits into his future flips.

Breezeway allows us to easily organize all photos by room and generate a downloadable document for reference.Once a tenant moves out, we follow the same process to document the property's condition and determine if any amount needs to be withheld from the security deposit.Additionally, we require new tenants to complete and return a move-in inspection document within 3 days of moving in.

Always formalize the agreement in writing to define costs, profits, and contingencies clearly.Let me know if you need help structuring the deal or exploring funding options.Best,Drago

I'm looking for tenants that are professional, stable and can act like a thoughtful, organized person regardless of their economic status.