Any and all suggestions and comments are welcomed.

Too many out there have investor bug and pay almost retail.

If you decide on getting your license and need some suggestions on schools and what not PM me and I'll send you over info.

Any suggestions?

If I was you, I would seek out a small local bank & try to obtain a commercial loan for each property you want to buy  .If you can't do that then I would seek out private money from somebody that you know or know of.I would also strongly suggest trying to get the owner to finance if you can.There are lots of ways to get money, but hard money lenders should probably be your last choice.  

Can anyone give me suggestions on how to go about this lead ?

Any suggestions?

In this case, you'll split a profit of about $39k or 9.6% of the ARV.Either way, I strongly suggest you learn how to evaluate a flip, including all expenses (which the BP spreadsheet misses), not overpay, and not try to borrow every last dime.

Generally speaking, you aren't going to reduce your tax liability just by going to an LLC from a sole proprietorship, but I would suggest you speak with a CPA that focuses in real estate so you can best plan your entity structure.Let me know if you have any other questions.

@Cee Jay Instead of looking for when "a crash in the markets" will happen, I suggest your time will be better spent just ... looking.