Repair costs & credits aside, 203K is a more costly loan that will cut into your equity. 

As an investor and agent here, let me know if you have any questions or want to connect JImmy your going to get your hand slapped if you keep cutting and pasting your replys..

Marginal business practices, bending rules, short cuts... all caught up with him and those (generally) who were not a "quality mentor" or a "quality trainer".

Let's say that next year your service calls to your HVAC provider increase by 50% and they in turn cut your rate from from $3,200 to $3,000.  

You can deaden the sound with rugs, and even cut out the sheetrock between floors and install some insulation. 

Like you said, I doubt he is really fine with his cut of the pie.

Yes, probably 50/50 to start and then once you have a strong track record with them, you may have the leverage to try to get a higher percentage on your end since technically what you're doing is more time intensive than what they are doing (cutting a check).

@Dawn Brenengen, I guess the votes are still out on whether I'm cut out for this.

Everyone tells you they have training, but I think you can cut the slackers from the top by seeing where they train. 

Unlike Doug fir up this way were we clear cut and replant.. and growing cycles from the Cascades WEST are 60 to 100 years.. and they are ready to go again..