When starting out it’s a pretty good deal for someone lend you all the money and you give them 50% of the profits.

I would like to purchase a structured course and have narrowed down my options to Seth William's REtipster masterclass, Joe McCall's simple land flips course, and Jack Bosch's Land Profit Generator.

Thats a great profit for a first time. 

If you are new, be sure you can raise the funds before proceeding.In my opinion, you are going to have a hard time raising money with a 6% pref and 70% of the profits after that unless you have a lot of newbie investors in your Rolodex. 

Too many are locking up properties at retail prices and tacking on outrageous assignment fees, leaving no room for investors to profit.

Generally all months other than Sep-Nov are profitable. 

Knowing these boundaries can help you zero in on profitable, compliant locations.Timing is crucial when it comes to approvals.

Caveat is that you should be reinvesting those profits back into other smart investments so that you aren't missing out on compounding gains. 

Each of the properties have an estimated profit of around $70,000.

Turnovers and vacancy kill a rentals profitability.