Gross profit is interesting because it appears to just be the difference in his acquisition and sales price and fails to take into account the other obvious cost of running that business which includes, again according to him, the cost of over 26,000 letter print, mail, post, and the cost of the lists needed to create a mailer of that size. 

Watched some You tube videos about some ways, specifically creating a property LLC with WY LLC being a member manager LLC for the property LLC. 

Just created a post - great idea Derek!

For example when someone wants to have financial freedom and spend more time with family, but then sets a goal by creating a heavy active income stream that involves their personal involvement daily.

Advanced options like a charitable remainder trust can provide tax deductions while avoiding immediate capital gains.This post does not create a CPA-Client relationship.

I’ve also been creating what I think is a good foundation for finding and selecting positive cashflow RE Properties but I still need to understand some details to guarantee my calculations are correct and that I’m not missing or forgetting any important details that could make or break a deal.

Using LinkedIn, I was able to create a network of over 20,000 contacts.

To streamline design choices, create a design guide or "mood board" beforehand to stay consistent with finishes that match the neighborhood's expectations.For monitoring progress, a property manager can sometimes oversee construction, but it’s typically better to rely on the GC for updates.

That would be cheaper and easier than redoing a roof.I would think so, but I believe the next door driveway would than create an encroachment for that property which the seller also owns.  

However, this does not impact the sale proceeds.This post does not create a CPA-Client relationship.