We currently hold 5 rental properties totaling 15 doors.

@Samson Hall don't let anyone hold you back. 

Given I’m brand new I’m hesitant to go long distance because contractors could take advantage of you more because you aren’t there to hold anyone accountable.  

Your "gross profit" for flips is going to be what the property sold for minus all Cost of Goods Sold for the property (purchase, closing costs, renovations, holding costs, selling costs, etc). 

As an aside, when I ended the contract with that firm, they mysteriously had maintenance fees that equaled the amount of money in my holding account (nearly $1500!). 

Since I've been wholesaling I've just used forms out of books I've read or templets from random web sites, and i feel like I'm about to transition to buy and holds or even brrrs, so i feel better put together paperwork would be better.

Our typical holding time is anywhere from 4 to 6 years, and then we look to refi or 1031 to expand our portfolio. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Everything else was "hand holding", consulting, education, and mentoring.

Investment Info:Single-family residence buy & hold investment in Moscow.