Send me a PM - our business specializes in designing flips and STRs across the US!

A $107k NOI with a 43% expense ratio is impressive, even with rising costs like taxes, insurance, and utilities.

This also leaves me with $3,750 stuck in the deal (not including financing and closing costs, which could easily add another $20,000).In total, if I had to include closing costs and financing costs, I’d have about $23,000 (if not more) tied up in the deal and lose close to $700/month before accounting for expenses.

The primary risks at this point would be       1) to your lender, the risk of a margin call.       2) To you; underestimating the true cost of a project and cost overruns      3) To you; legal risk of securities regulations if you partner looses money. 

You're running a business and want to just make money.

A cheap PM will cost you more than a good PM, and that's 8% - 10% of rent.3.)

I know I would get bored with not having a job or business to do lol

He indicated that they have begun to change their business model now and they no longer sell a property until it has been permitted.  

As far as the business card is concerned, to me personally I think having both things on one business card is acceptable .  

Would taking out a small business loan make sense st this point?