I like the perspective...just trying to draw balance.

Thank you for pointing out that not everyone has that perspective. 

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First off, thank you to all that have made and contribute content to Bigger Pockets! This site is exactly what I need to get started on my journey and career. I'm a 25 year old University of Colorado graduate original...

The recording of the note assignment establishes the record of ownership, but it's really your operating agreement that binds the partners to performing from a financial perspective on the note after it has been purchased with regard to paying for expenses like professional services and such. 

My opinion (and unfortunately its not based on experience) would be to start fresh.

That will help put it in perspective.

It looks like most of the repairs and fresh paint have already been made, I'm just not sure if my comps are correct.

I just started engaging in the community a month ago (after gourging information for about a year) and it has DRASTICALLY changed my perspective about real estate, making me much better at understanding 1) what I want out of R.E. and 2) how to get to my end goal.

I found a way to source fresh lists, in addition to learning where to locate the potential (buy- n- hold investor) buyers for wholesale flips... then determined that it would make more sense to utilize hard money and/ or private money, and perhaps LO those deals, vs. grossing only $5k. - $10k. on the average paper flip?