I am about to be under contract for a fix and flip in the near west suburbs of Chicago.

If you're not currently listening to books educating yourself, I'd start today.A few I'd highly recommend...Buy, Rehab, Rent, Refinance, Repeat - The BRRRR Rental Property Investment Strategy Made SimpleFLIP - How to Find, Fix, and Sell Houses for ProfitThe Book on Flipping Houses How to Buy, Rehab, and Resell Residential PropertiesThis book is not currently available on Audible but a must readThe Book on Estimating Rehab Costs - J Scott

If it isn't, then the amount they are charging is accurate.

I have a great amount of equity in this deal.

Agreed, I have some rentals in a B area and have friends with them in C areas and its night and day (talking 2-3 miles difference here in locations) in amount of applicants and quality of tenants. 

@Tabitha KixSSBA has a decent amount of properties, but they are just ONE Brokerage Company among approximately a dozen that specialize in Storage.

However, whether gift tax is applicable depends on the value of the property transferred and the lifetime gift tax exclusion amount, among other factors.Cost Basis for Your Dad's Portion:Your assumption is correct.

If it's cash flow, what is the target amount? 

One person might want to fix and flip it, and the other person might want to keep it.

Our contractor is unsure how to fix the issue, so I would love some help troubleshooting.I had the roofer come back and check the new roof - everything looks solid and the party walls are capped and sealed.