I’m wondering if any of you in the Waco Dallas area are involved in any good real estate investing groups or meet ups?

Some foreclosure auctions do not offer agent commission.Your best bet is to attend few auctions, observe and ask questions to local investors in your area.

You should speak with an attorney about drafting up an agreement between the parties involved detailing the profit and equity percentage splits and your accountant will prepare the tax returns accordingly.

I don't really know how far into detail I want/need to be going on the entire deal - just the part that involves their money. 

As an electrician I would bet you have a good network of contractors around you or know how to do stuff yourself as well.

An important quality I look for when working with Title Companies is their ability to problem solve, be dependable and responsive and have a polite and professional demeanor when interacting with me or anyone else involved in the transaction.  

I bet there are dozens of other folks here who would say the same thing.I think you need some more market research.

but your right real estate can be transacted between parties don't need a lawyer or title or escrow company or agents or lenders or anyone but the two parties.. when foreclosure rescue lease back in our state was legal I did a ton of it.. and there simply was no time to involve anyone.. when the seller decided at 10am on Wednesday they needed to take Massive action and their foreclosure was scheduled for the next morning.. 

You are better dealing with the listing agent then having another involved. then you can work a better deal. agents / brokers rather not share their commission. 

Hi everyone, I have quick question, bought a propoerty on 03/2018, ever since then I have a lot repairs and is not cash flowing, will there be any short term tax involved if i want to sale now on 08/2018Thanks