Hey guys,I am looking to start buying and flipping houses with 2 friends but I am in a unique situation.

Hey guys, I am looking to start buying and flipping houses with 2 friends but I am in a unique situation.

We prorate based on a 30-day month and make our rents divisible by 30, so each day has a dollar value.

I have 3 employees for the management division including a part time leasing assistant.

Here, a judge will throw it out and this area is not that unique, IMO. :) PS.

Even for rehab-and-hold, using the LLC simply complicates the picture relative to doing it as sole proprietor.I trust anyone reading this does so with all the normal caveats about everyone's situation being unique and blah blah blah.

@Adam Bartomeo Hi AdamYour experience with Real Estate Agents and car sales people is viewed through your individual and unique perspective on life.

I like each of your ideas with the 10% relative to your rentals, those are both unique to me and a great way to make a difference.

Here is some info on increasing rent in New Jersey.http://www.state.nj.us/dca/divisions/codes/publications/pdf_lti/rnt_incrse_bultin.pdfHere's another link to towns in New Jersey with rent control laws.http://www.nj.gov/dca/divisions/codes/publications/pdf_lti/rnt_cntrl_srvy_2009.pdf

One of our largest divisions is Real Estate and I am the head of our Real Estate department.