Lets go under at $800 so now monthly expenses are $3,800.

If anyone has had success of has had a deal accepted by them where they actually paid them the $10,000 finder fee... please reply to my discussion.  

Can someone explain the advantages of having (LLC #B) taxed as an S-Corp as I am told only my “reasonable salary” paid out from (LLC #B) would be subject to self employment taxes.I.e., I earn $200K through commissions through LLC #B.

@Tyler Garza With my CFO clients, I generally use 8% vacancy and 25%-35% operating expenses depending on if they are self-managing or using a PMC. 

The top three expenses in a flip are the rehab costs, lender fees, and sales commissions.

Do that before you spend any energy trying to kick him out.If he hasn't paid rent, you can call the police and have him escorted from the property. 

The course is not expensive.   

Once a claim is entered and filed to the carrier and an adjuster is assigned is when it's reported if a claim if paid out or not.

This is after covering all expenses and setting aside a certain amount for reserves to cover future expenses like capex or vacancy. 

The general partner paid himself $1 million per year for 5 years to manage each property.