It then shows up on my Schedule E as a management fee. 

It's one tool for asset protection, but not nearly as good as structuring your LLC, and then even putting THAT within an LLC.Dave E., thanks for that info re commercial lenders not touching a SFH.

I am also wondering how to come to a valuation, since I would be buying more than just the property (it is fully booked for the holiday season and the sale also includes all FF&E).

My wife and I are brand new to investing and our friend has a little more experience, but not a ton.

Yes, Apple can charge $1000 for a phone because they have spent decades produce a BRAND NAME that is known WORLD WIDE and has a WORLD WIDE buyer.

@John Harvey - Last year I received branded Yeti travel mugs, branded fleece blanket, and a branded journal. 

Investment Info:

Single-family residence fix & flip investment in Lombard.

Sale price: $635,000

This was a house that one of my investors bought and rehabbed. I added the before and after photos

...

Join me at The Sloan's Lake House Hacking Meetup https://meetu.ps/e/KtKly/PFlmT/i

My R/E agent has been pushing me to sell the property b/c he says the market is hot, rates are low, and demand is high.They suggested an ask price of 2.7mm. 

I was wondering if anyone had tips/tricks to investing in brand new construction.