I actually wish that the US and Mexico would form a Treaty (not NAFTA, more like NATO) and get the cartels gone forever.

Though mistakes will still be made.Because of the expense of creating and maintaining a title plant, there are areas of the country where several partners (underwriters and/or agents) joined together to form a common plant. 

Now the numbers that's displayed publicly are mostly "pro forma" and not real numbers and everyone's talking about potentials. 

I plan to form a partnership with three other friends for this deal. 1.

Cash on Cash ROI, Pro Forma Cap Rate and Purchase Cap Rate.GOOD DEAL is only based on Monthly Cashflow greater than $200 but I really want to factor in the Cash on Cash ROI metric.

Starting out should my business partner and I form a LLC together before buying our first house to flip.

But without seeing your pro forma assumptions, I can't say what's realistic or not for you.

Two (2) parcels in a manufactured home area, acquired through tax deeds and sold on open market with owner financing.A 2/2 condo acquired from the Forclosure action on the courthouse steps.A senior community 1/1 condo from a wholesaler.A senior community 3/2 SFR also form a wholesaler.All have proven to be profitable.

I got kicked out of college for letting my GPA drop down to 1.5 form a 3.5 (4.0 scale).

I wanted to form a new multi-member LLC Taxed as a Partnership.