Your tax professional will lament about paying $2000 in taxes one year v $200/yr over 10 years (it's the same damn number), but we're talking about two hundred grand, so this shouldn't be a hard choice. 

I'm wondering what is the best and most professional way in approach another investor to try and convince them to let me be apart of their deal/project?

It may not affect a single deal, but if you get a reputation in your area as someone who isn't reasonable, is always trying to save another $1000, then you run the risk of other professionals calling your competitors instead of you when deals come up.Being easy to deal with and understanding that the other guys need to make a buck too goes a long way.

Lessons learned: always maintain cash reserves for maintenance/repairs, fire bad contractors pronto, be friendly with renters but not friends, a decent buyer's agents do not make a good seller's agent, I must always keep my thumb on the numbers and eyes on the contractors, and as with anything else -- you get what you pay for when it comes to contractors Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you guys get them drafted by professionals or did you do it yourself?

There are so many products beyond just flipping or buy and hold.Like any professional field, you should do some basic research and decide what you would be passionate about.I did flipping for 3 years, then moved onto being a HML.

Training can be done by a professional organization, professional animal trainer, by the owner of the animal, or by someone else.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?