In today's world you need to be about 28-35% down on properties to be gross cash flow positive, closer to 40-42% to be truly net cash flow positive(i.e 50% of your income goes to maintaining the property, other 50% is actually profit).My recommendation is to buy ideally a 4/3 SFR that's a starter-friendly one in a good area, and rent it out by the room.

Title co reports to IRS, and you probably going to hit a snag when all your basis is $0 on every deal and every deal you do has big profits. 

Also, new builds are not currently in our strategy (delayed profit realization). 

When the properties are paid off, you’ll probably have a healthy profit.

At the end of the 12 months, I would refinance at 500K after fixing up the property and investing the profit from selling my current home in the new property.

The gator is paid back with part of the assignment fee that the wholesaler is going to profit.

Personally, I wouldn't do any flip for less than $30k net of sale because STCG tax for me would end up leaving me with about $20k or so of actual profit.

With the right maintenance and upgrades you could sell it for a decent profit after.

Let's say you make 100k/year gross - you'd need 16-17 properties that pure cashflow (profit) $500/month.

Put the profit towards a new Primary residence and ~$50k towards a rental property.2) Rent it out and eat the cash flow loss, hoping rents increase.