While not shooting the idea down, he raised a number of possible concerns about future financing, such as possibly needing additional collateral or proof of other sources of income to justify repeated loans. 

To successfully perform a flip the house flipping company needs to Spend time & money marketing to distressed sellers to source a deal with a large profit potentialEstimate the ARV of the dealEstimate the repair costs of the dealDetermine if there is enough profit in the deal to make sense for a flipNegotiate a sales price with the owner of the propertyHire the General ContractorManage the renovationEnsure the renovation is completed on time & on budgetMarket & sell the property for the estimated ARV to ensure they hit the estimated profit marginAfter successfully doing all of that why would they then hand over the majority of the profits to you?

This can be a good a source of funds to use for a down payment.

Who don't you develop that source?

(LLC, S-Corp, C-Corp, Sole Proprietorship) How are the books currently handled?

Now, down at those temperatures, your COP will be approaching 1.Here where we have cold winters, code requires an ancillary heat source - electric baseboard heaters are most commonly used - to supplement the heat pump in the dead of winter (we frequently get 2-3 weeks where temperatures are below -20C).In a warmer climates, even if code requires you to put in ancillary heat, you should never have to use it.

@Nabeel Oyewole Max Maxwell on YouTube was a great source for me.

You will need 1 for each unit and wire them into each units electrical panel (you could use actuators and power a single pump off 1 electrical source).

Hi Jami,I too am new to this, so you may want to consider the source on this recommendation.

I was wondering what books or knowledge sources can assist me in learning more about real estate.