During that time I also became a Managing Broker.

I always show the bedrooms before baths unless it is an en suite, then I add the en suite after that bedroom.

I don't think that's going to work as far as getting notes because they're going to ask if you are a guarantor to any other debt.

@Nada MohamedI recommend that you speak with your accountant and several cost segregation firms to compare benefits and prices.

It sounds like you are VERY new to all of this.

For the flip itself, this would mean a GC or better yet, have a crew there that can handle 60-70% of all the work meaning they are there working on it the day you close and stay there throughout the process till it's completed. 

Some borrowers are ok with this, some aren't so important to find that out at the beginning if that matters to you. 

If your parents have a Revocable Living Trust then the property would be deeded to them, depending on what their decisions are within that Trust, you can be added on at the beneficiary of that property.

It's part of participation trophy society where people get socially rewarded for just being in the game, but that shouldn't apply to real estate.

I have never seen a deal like that ever again.