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?

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.  

I must admit their sales pitch is effective.

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?

In working on construction loan financing, the lender informed me I'll need to unencumber that portion of the property (makes sense) before closing on the construction loan.I understand there to be two methods generally speaking: refinancing my mortgage and removing that portion of the property in the process OR attaining a partial release from the lender to remove that land.I *strongly* want to avoid refinancing as I have an amazing rate, but partial releases seem complex and also require a survey.

Then, you need to study the IRS Publication 523 regarding the Sale of a Residence.