You should find a reliable rehab calculator and learn how to use it to evaluate the true profitability of your flip.

Do you think that creating an agreement where I would gain 25% of the profit of the deals would make people not want to get coaching from me or do you think that they would still want to get coaching because of the value they get from learning how to build wealth in real estate? 

Based on comps, you could sell for $275K to $300K, leaving little profit once you factor in holding and closing costs.The conversion to a 4/2 near a university is promising, but the risk lies in unexpected renovation costs or market shifts.

It may be fun to organize a meetup before the madness ensues, ha. 

Invest their personal profits into real estate.3.

Someone with a construction background can contribute their expertise and build at cost without markups or profit margin.

My goal is to stack rentals with the profits from flips. 

Guests think that Airbnb is no longer cheaper than hotels and in most cases it's not anymore, but hosts still need to make a profit.   

Long story short, sold my home on 40 acres and business, made a nice profit, met an amazing man who is a contractor, got married, sold his property too and we moved to the high desert of Central Oregon near a very popular year round resort town.

Depending on repairs and updates, $40K could get you close to furnishing the home, but if you want to add profitable amenities such as a game room or hot tub, it would be more.