I can't imagine being in a partnership with someone that brings nothing to the table but expects the same return as you do.

Since we just got the certificate of of occupancy literally two weeks ago,  we are looking all options to maximize return on investment. 

Evaluate how many would EVER tell you 300k is the typical return.

It depends on what the terms of your mortgage are.Pros-with no mortgage, you have higher cash flow.Cons-if you plan on buying more properties, you are better off saving the money for a down payment for your next place.The big questions are: can you get higher than 7% return if you invest that money elsewhere? 

Their regeneration of capital per month can have it where they can easily bounce back and recover the small loss through other investments.

I've done plenty of work in the past for him where this is simply returning the favor to help on my first property!

Sellers realize that offering the BAC means that their property will be more easily marketable to the highest number of buyers and have the best chance of fetching the highest price, that's why they choose to offer BAC. 

Faced with mounting expenses, extended timelines, and diminishing returns, we ultimately decided to sell the property instead of continuing with the BRRRR strategy.The Insurance Mistake:The biggest lesson I learned was that I had the wrong type of insurance.

Having these relationships can easily lead to really great deals that you likely wouldn't have come across without those connections. 

If you can manage the relationship to lessen turnover frequency and get a similar return as large landlords where if they took the same approach as the large landlord they would earn LESS.