All the numbers are accurate except the CoC return.

Bookkeeping is their wheelhouse.Salary/payroll/employment tax returns can easily be outsourced to third party platforms (e.g.

Let me know if you or someone you know might be interested.Loan Requested:$40,000 (secured by a second deed of trust)Interest Only Rate: 8%Total Loan to ARV (After Repair Value): 76%Loan Length: 6 MonthsMonthly Payments: $267Total Interest Paid Up to 6 Months: $1,600 (plus the principle of $40k back then; if money returned earlier, it'll be however many months the money is out)Is this a good deal?

Percentages on buying and returns on investment books

What type of return are you expecting?  

Depends on the lender and the type of loan the buyer is looking for.If a person doesn't have 2 years or more of rental income on their tax returns, some lenders might not include it.

He got a 10% preferred return and 51% to me and 49% to him of any additional upside.

Welcome back to the platform @Nate McCabe, I am just returning to biggerpockets myself.

Father's removal will be a gift to daughter for federal tax purposes and a gift-tax return will need to be filed, and unused lifetime credit will be reduced, or, if already all used, gift tax must be paid. 

Or you can reinvest into a better return.