Then each of our Consulting firms will show a $25k profit, and our Flipping LLC will have around $0 in profit.This is good because our Consulting firms are S-Corps, which will alleviate our taxes (compared to regular LLCs).

To go a little deeper on what Tony said, your regular payment won't change with the 5 year balloon.

I'm 25 so my regular career is only now starting to become successful and I'm at a point where I want to save and earn money instead of blow it all so I'm starting to work on the RE portfolio. 

Track all of your expenses and income listed in a report and review them regularly with 3rd parties to help reduce expenses and increase your income.  

Track all expenses and income on the properties you own and review them regularly and try to cut expenses and increase income.  

This may even be regular business income, since you flipped it for the sole purpose of making money, right?

I work in the area regularly and it's not the best neighborhood but you're not planning to live there so you should be fine.  

I'm not suggesting you just pop on your phone and do a random videos; but it doesn't cost much to get a logo made (check 99designs) and get started on a legit online marketing plan.We work with bird dogs regularly.  

A few years ago I rolled over my regular 401k into a self-directed solo 401k.  

I wonder if the IRS would be cool with me paying him $10/hr if it's well documented.By the way since my regular handyman is on vacation, I posted a video  http://youtu.be/cJ765R5e1-M detailing the problem with an offer of $100 on Craigslist.