But, it will cut into my profits or yield.

I like the cut of your jib :-)

Can cut a couple of weeks worth of posting and searching into about 30 minutes of time.

I have a feeling that this is just a way to hide the additional money that he is hoping to get from his ex-wife so that she can't try to get a cut out of it.

Do I cut a few corners and save some money on the re-hab?

hmm thats easy enough to answer form my point of view... one don't try and screw us over ( don't try and talk the commission rate down every single house we don't ask you to cut your pay checks!

If so then a smaller % return similar to what a HML would charge I think would be appropriate.If they are willing to take on more risk and if things went south share in the loss then a higher cut of the profits is in order.I currently operate with an investor in this same scenario.  

I figured to avoid that do one deal n incorporate...this was my reasoning behind incorporating early..is this and issue at all in the beginning..is there's cut off to the amount of deals that can be done

If you do what you are supposed to do and don't cut corners...there really isn't a ton of liability in owning a house and letting someone else pay you to live there.  

So let's just cut out the middleman