Now, that may not sound like a lot to some and I have done bigger deals, but the point is, this is the only business I've found where you can make that kind of money (legally) in less than 72 hours that doesn't require any special skill or hard labor. 

On the other side I appreciate the fact that I have a lot to learn. 

Those kinds of problems are a lot to take on for a first flip.

That's a lot to do in three to six months. 

But it just depends...I am always in favor of controlling assets personally if possible...I don't know the numbers or anything about this deal, but it sounds like you've got a lot to think about on deal structure...if this is even a good deal.Just don't let anyone steal your deal if it's viable....lots of sharks with cash out there. 

They want to see that you have grown as well by how well you run your company.QuickBooks and CPA's are usually very best friends with each other and that says a lot to your money lender.

I still have a lot to learn (obviously), so I will probably start with something more passive until I feel comfortable moving on a multifamily property. 

@Brandon ReeseCheck out the nearby members and network at https://www.biggerpockets.com/meet, it will help you a lot to find partners that can help you out in investing.

I do have a few SFH  and a tri- plex so I'm not completely green to real estate and land lording but still have a lot to learn.My main questions are what parameters/ numbers are most important when considering a deal?

We have a lot to learn, but it looks like BP is one of the best places for the knowledge needed.