My grandfather shopped at Sears, my father shopped at K Mart, I shop at Wal Mart, that is the way a Free Enterprise system is suppose to work.

I was introduced to someone from Velur Enterprises.

For the projects you're competing with other enterprising investors with skills in the type of asset you've chosen to specialize in.  

All they need to prove is that you were told this was happening and you failed to report it, therefore you may find yourself in trouble for hiding or supporting an illegal enterprise.  

it'll add value to commercial enterprise but not residentials

The hardest part about flipping remotely will be deal sourcing, although that's also pretty much the hardest part of the whole enterprise anyway.

So is Dad putting in any money or just a contractor bidding a job, is he looking at property and telling you to buy or not,(keeping you from disaster) repair/rehab estimates ect are you using his subs that he has built a working relationship and trust over the years withwill you make him wait to get paid when the deal closescould he be working else where getting paid like normalfirst try to put yourself in his shoes, last thing you want to do is have a family mess over businessWith any partner I always have multiple discussions,  a meeting of the minds, then a waiting period (gut check) then PUT IT IN WRITING and the way I explain it to folks is that it makes it easier for everyone to rememberfamily dynamic can kill a deal or make a fantastic fun enterprise

The good part of vertical integration is we have enterprise-grade software and data with dashboards and graphs and all the bells and whistles to see problem areas at-a-glance at any time, in real time.5.

What I would create is such an enterprise with pooled investors -- I might just do that. 

Vetting is a different issue...unless you are dealing with a national chain or a known, substantial enterprise, you should require a personal guarantee from an officer or manager of the company.