This current BRRR will actually profit about $350/mo positive cash flow after all expenses including holdbacks for vacancy, repair, capx, etc.  

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

I live and invest in Indianapolis, Indiana, and I know larger apartment complexes are able to do this. 

If you do a live in flip with an investor, how do you account for the taxes when you sell the property and the profits that you will send the investor.

I have worked for a larger company and contracts and written agreements are a rule of operations.Property was bought 4/18 with tenant in place with signed contract with previous owner.1st mistake- I was under the impression one of my other business partners received a new signed lease agreement for our company.

Acquired lot, designed house, obtained approval, managed construction, sold for profit.

It has some value, but the prospects of finding a buyer in that market are slim.As the title alludes, would leveraging this land and using the money to purchase local rentals be a profitable venture.

Also how do I know if A property is profitable or not?

The comps and the neighborhood have to support it also but I totally could have done a typical flip and made a generous profit as any flipper would but I couldn't live with the quality that it presented itself.

I am located in Fort Worth, TX & my end goal as a real estate investor is to have a 100 door rental portfolio consisting of small 8-20 unit apartment complexes.My plan is to build up a rental portfolio, starting with 2-4 unit properties, & eventually sell those to leverage for larger properties.