The other part of wholesaling that is a possible red flag is Equity Stripping, AKA Illegal Flipping, this was heavily regulated till a few years ago by lenders, especially M.I. companies, they have relaxed the rules, but was a problem pre and post crash. seeing the increase in this activity seems eerily familiar,  like 2007 all over again. just be careful especially with your license, Disclose Early, Often, and in Writing, My license is too valuable to me to be involved in this type of transaction, so i steer clear. if my entity is on the contract, I am the one closing. period. 

Here I am and looking for support from this community. 

Thanks again for the support!

I understand the tax implications if I do go forward with this but wanted to ask the BP community before doing so.Thanks in advance for any advice/support!

It's an open source fork and has a lot more support and development. 

LOL.I have 2 rules of thumb.  1.

You seem to have some good contractor connections, family interested in providing niche support and experiences with being active so flipping might be of interest.  

I know 18% is safe in Texas and Oklahoma.The dodd frank rules that only apply to homeowners or people buying for their primary residence, not investors, are alot stricter than the usury laws from the state itself.

Is there a rule of thumb i should be using like 10% for a traditional management fee? 

Anybody had experience with this product? I've read all the other forums about the Allure and other vinyl products but nothing came up about this particular brand Wellmade. Costco has it currently at $1.50 per square...