To get started with fix and flips, first define your criteria, including location, property type, and budget.

Apply the 70% rule to determine your maximum allowable offer, then negotiate and get the property under contract, ensuring your agreement includes inspection and financing contingencies.Arrange professional inspections to uncover any unforeseen issues, using these findings to negotiate concessions or confirm your repair budget.

The good news is that there are plenty of great CPAs out there including on these forums.We did have a conversation with him, which is why we selected him in the first place.

This would include doing mainly flips so i can get a solid return from that money or possibly even doing private money lending. 

We've seen 3% for 100+ unit apartment complexes, but they also have onsite staff not included in the 3% management fee.Two other pricing options to properly understand:1) Fee charged based upon tenant payments or just occupancy.

Again, not unless its actually that your gross income (including cleaning fees) is 100k a year and your gross rents are actually only 75k. 

Investing in real estate, particularly through avenues like foreclosures and tax sales, indeed requires a solid understanding of multiple aspects, including legal considerations.

And even it's SF when you purchase it, again because it's not 100% MF including the county/city classification, you can use rental income from both units to help you qualify for future investments.Option #3 is something to use only when you're not willing or able to move into the property.

The Phila.gov website says this is needed to get your wholesaler license:InsuranceYou must provide a Certificate of Insurance that includes the minimum amount:General Liability Insurance: $1,000,000 per occurrence

It is a commercial property/business that I am buying.And if you had 4 or 5 SFR that were all hosted by a "brand account" you could certainly sell them as a portfolio to someone, and including the account that runs them and generates all the income would be very valuable.