Some of you folks who have been doing this for a while can look in the past and use actual data so that you can incorporate actual repairs and actual vacancies.

Those are nice graphics!

At the moment, my main focus is on finding a qualified contractor who could provide a comprehensive quote for the various issues that have been identified throughout the house.I have a few specific questions that I would greatly appreciate insights on:Is it a requirement from the FHA to address these issues prior to finalizing the loan agreement, or is there an option to incorporate the repair costs into the contingency and have them resolved after the closing?

@Austin Works There are different trains of thought regarding how many LLCs to incorporate.

Make sure you find someone that incorporates tenant screening!

@Robert Whitelaw - depending on what you are looking to spend there are companies like Curaytor and Commissions, Inc. which incorporate web sites, back end functionality and assistance with lead gen through regular means and Facebook.

My lease is solid and does have provisions for collections agencies to incorporate their fees. 

We have been in business for 5 years and are becoming the premier name in corporate leasing.

What kind of graphic do you put on them to minimize the risk of it getting thrown away with all the other mail junk?

Once you have created the initial set up, you can add deals and limit liability while tailoring management and ownership to the deal.Here is a graphic that visualizes some of the factors to consider as you partner, since you expose your assets with your partner to the risks involved in flips.