The more knowledge you gain, the better positioned you'll be to make informed decisions.Your passion for real estate is inspiring, and I encourage you to continue pursuing your goals.

Anyways, fast forward we are finally gaining momentum and will be done in 30 days but my maturity is Oct 23rd which is not enough time to have it sold and closed on.

Are you leveraging private lenders to gain an edge over other investors?

So your cash flow is decent, but after you’ve had a few turnovers after 10 years and have had some cap ex expenses, you’ve broken even or gained very little since the home hasn’t gone up in value much.

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? 

I am looking to connect with others in this area to gain more insight, meet contractors/agents/etc., and continue to learn.

@Connor ChanterI'm not a CPA but based on your post as long as your mom is the owner of the house in Michigan she should qualify for the $500k capital gains exemption.

I want to provide access through the common wall of the two units of a duplex. nothing fancy, sort of a "doorway" without a door, same size of a door.

I’m confident that everyone who reads this will gain a deeper understanding of PMLs and HMLs :))

You also asked if you should put your own house into an LLC.Yes, I think getting a Home Equity Line of Credit is a great way to get access to that equity and only use and pay for what you need.Putting your own house into an LLC may affect your ability to claim homestead taxes so you may not want to do that and may also affect your home insurance.However, putting your fix and flip into an LLC can reduce your liability exposure but make sure you also have the right insurance on the property while it is being worked on.