Your income is Sales priceLess Purchase PriceLess Costs to sell propertyLess renovations/repairs/holding costs.You mentioned having partners. 

I’ve heard different things like taking a Fannie Mae loan out then converting it to a LLC and the likelihood of triggering a due on sale clause is minimal.

Median sales price for condos and townhouses is down -3.4% YOY in October in JC.

You're an attorney who wishes to represent people in the purchase and sale of real estate?

The critical factor is whether the property owner can demonstrate that the sale or settlement was made under the threat or imminence of condemnation.

I must admit their sales pitch is effective.

Rather than hire as many sales people to do follow ups--set up automated text messages, emails, letters, or postcards to be sent to your best prospects.- Podio has really good integration with other services--like RightSignature for eSignature, Google Docs/Drive, Dropbox, Twilio for SMS, Lob for physical mail--either for marketing or other workflows like invoicing, and a ton of other services.  

Only $50 per month with the access to most of EXP’s internal tech,training and systems with the opportunity to still receive monthly revenue share as an alternate income source!

I saw someone post in a group who I think is a schmuck brag about hitting a specific figure for their training and I just shook my head - like wow - this person is a great sales person and just steals the same lines from the business book about working hard and throwing out some slick slogans - but man oh man - when real estate gets hard people move to being a guru - just look at FB ads right now - many are not funds anymore but how to raise money, how to do X.

Purchase price: $430,000 Cash invested: $46,618 Sale price: $589,000Fix and Flip in CB PP 430k Reno 46K Sold 589k ~ 3 Month TurnWhat made you interested in investing in this type of deal?