If you don't know anything about real estate than getting your licence isn't a bad idea but one has nothing to do with the other. 

Going to one without already having a pretty good idea of what you are after is just asking to spend money on wind.You could also talk with your local investors and see if they are willing to share their knowledge.

I know the deal can be structured anyway we want, but I am looking for examples so I can get some idea on what has worked before...For example:Two way (50/50) Flip- Partner 1 provides all capital for buying/rehabbing at prime + 5 (say 9% flat, no points)- Partner 2 does everything else, identifies property, manages rehab, flips property- After project done each partner gets 50% of profitThree way (33/33/33) Flip- Partner 1 provides all capital for buying/rehabbing at prime + 5 (say 9% flat, no points)- Partner 2 does project management, accounting, records- Partner 3 does coordinated all the work required to rehab the property- After project done each partner gets 33% of profitThanks in advance

The number of deals you'll actually get is a function of your conversion rate:Deals = Pageviews * Conversion RateThis equation can give you a rough idea of how much traffic you need to get to your site to get the number of deals you're looking for.  

I like to plan ahead ;) I like the idea of showing the place once I get their notice to fill in any gaps. 

I 2nd the idea of looking into Moab.

There isn't a lot of inventory that goes up for rent in Morningside, so I'm having a little trouble determining the rate.  3/2 ranch, completely renovated approx 1800 sq ft zoned for morningside elementary.any ideas as to what the rent could be?

Great idea I wish my schedule at my full time wasn't so hectic

I haven't decide what I'm going to do yet because my previous offer just got declined =(  If I do ever land a deal it will be my first rehab project, I guess I can do the the design work just by looking at some reference catalog or get ideas from looking at new houses.  

Also good idea is to get a verification that they have their own workmen s comp insurance, so your not stuck if they get injured on your site, you simply ask them to have their insurance guy send you a certificate of insurance made out to you, for your address your having the work preformed at.