Your realtor/accountant/title company/attorney cannot be the QI. 

Hello,I am recently get involved with a fix and flip (my first one).

We have an accountant with a chart of accounts to manage everything but I do not see why you need one for operating expenses vs. income.

your on the right track then.. just compare costs and time involved.. then move forward

Account Closed You can do automated lead generation in several ways, depending on whether you're looking for seller leads, buyer leads or private lender leads.Seller Leads: (1) Lead Swiper (online lead search with dozens of targeted searches), (2) Instant Leads -- direct access to listed properties nationwide with a click (3) OfferBot, automated offer making software (I use this every day) (4) Direct Mail Connect (upload your own list or use lists out of Freedomsoft) -- my team manages a ton of direct mail in my real estate business using this, (5) SMS lead generation (I use this every day)...and that's just scratching the surface.Buyer Leads: (1) Nationwide Cash Buyer database (millions of buyer records at the click of a mouse) -- including buyer name, address and all property addresses they've bought including closing dates and prices paid

@Dmitriy Fomichenko because if the holdings in the retirement account are held longer than 1 year they are taxed at the long-term capital gains tax rate and not your ordinary income rate.

Quote from @Victor Tofilski: @Joe VilleneuveThe other unit was a unique circumstance the tenant only needed a place for 6 months before he moves again so I gave him a different price to account for future vacancy.

Their only involvement will be funding the project. 

The numbers are tough and it's hard to account for all unforseen expenses.

Something to watch if you are mindful of the government being over-involved in nearly every single LLC registration.