Flipping is a production business.

PM me if you want the contact (they deserve some business for their great support, but if I do not close I have no need for the insurance).Good luck Thanks Dan,  where in CA is that property at very good price for what your describing !!!

•Downtown Orlando offers a different rental audience—primarily business travelers, medical professionals, and convention attendees.

Lee Arnold is by far one of the best people in the business.

If you want cash flow, start or buy a business.

@Terri AbsherNot familiar with them but here is a prior post on BP about themhttps://www.biggerpockets.com/forums/311/topics/1006736-has-anyone-done-business-with-flipos

There are also a large number of accountants we work with who say that as long as it is done at arms length as a business like transaction then they are fine with it. 

You can find qualified buyers that are small business owners, tradesmen, etc just have someone qualified to do prop underwriting be fore you sign the agreement. 

I think there's a pretty low bar for competency in the management business because it's not glamorous and can be a grind.

So it sounds correct to collect all amounts into my business account then and send a 1099 to the owner reflecting what they received minus the PM fee?