I've recently jumped into the REI game and I've found out that if you don't have a "employee" job or a W2 in order to get a home loan you have to have 2 years of reliable income history. 

Fix & flip is a completely different game.

Providing the deal and proposing the partnership as 50/50 keeps me in the game by running the remodel therefore allowing me to see a split upon completion, right? 

@Jared W Smith @Darren Browne  I am in the  Bronx/Yonkers area as well and am new to the investing game.

It's the essence of the game that we are all playing here.

If you don't have the same skill set, game plan, and execution it won't work.  

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

Lots of gotchas in the redemption rights game, but lots of good deals as well

My objective was simply to get in the game, and therefore the short term loss was well worth it for me.

I live in California and minimizing liability is the name of the game here because the state is so favorable to tenants, even when you go out of your way to do the right thing.