We want to have a contract in place stating who does what, who's responsible for what, who get's what cut, and who will invest what. 

I just wonder how much buyers (the market and appraisers) care about everything being brand-spanking new and never used. 

Jeremiah, here's my advice in a five-year plan so A) is patience:Year 1) start a single-member home-business LLC for FREE using bank bonusesYear 1-2) build a 720-800 FICO for FREEYear 1-3) season the LLC for FREE and target a 80 PAYDEXYear 1-4) save some cash by cutting back for a few yearsYear 4) study 10,000 properties for FREE and build a teamYear 5) target a small starter commercial project (4 units or more)using the LLC PAYDEX and 800 FICO when it's a buyer's marketrelying on good financials for the property more than your job6) rinse and repeat and SKIP RESIDENTIAL!!!

Lucas,Be careful of Equity Trust.

I met with a FSBO today who bought a property for 90 k a year ago that needs 80 k in rehab, but most of the comps are at 150k. Owner can’t afford the full rehab. A business partner recommended splitting rehab costs wi...

It's more of an issue for disclosure items like talking about the seller's situation to the buyer or talking about the buyer's situation to the listing agent or the seller.Having the agreement also allows the agent to negotiate on the behalf of the buyer.Also, it protects the agent in situations where a seller or an unethical listing agent tries to cut your agent out of the picture with the promise of a better deal.There are several hours of training on laws of agency.

I have a new flip coming up and for the sake of keeping things simple, keeping costs down and better interior aesthetics I'd like to go with a central air and heat system INSTEAD of a hydronic baseboard system and a central air unit.The question I have is, do buyers care about forced air heat?

A challenge for us is that the Chatham House is in a quiet area that requires us to vet renters carefully.  

More money is spent in the long-run trying to cut corners in the beginning.

I use the white subway but accent it with the mosaics (cut into strips of 2 or 3 rows) to break up the white.