As someone who's relatively new to the Fix-N-Flip business, I'm fortunate to have a mentor guiding me, he's successfully completed 37 flips to date. With that in mind, I'm reaching out to tap into the wisdom of this g...

Spanning more than 8,000 square feet, this outlet will feature a large outdoor patio overlooking the Strip and a unique company store selling exclusive merchandise alongside your favorite burgers.

but if you have a view on active vs. passive income.my goal is to have income from multiple sources, ideally part time work that i enjoy is a component. 

  $31k after tax annual income - $11k rent = $20k or $1,600 per month net income left to cover all other expenses (utilities, cars, insurance, groceries, kids, activities, etc.).Median household income for 38128 is $41k or $36k after tax

Instead of throwing your deal out to a bunch of strangers on the internet, I recommend you do your research to find a local expert with 20+ ACTIVE years in real estate in your market.

They usually do not have these figured out, I mean sure, everyone wants to 'make money', or ' own 10 properties in 3 years', or (my favorite) 'replace their W2 job in 5 years'.....but they have not thought any further than those basic (and misguided) goals.

If i were active though it could have a much bigger impact.

It seems like most people are suggesting the brand based account is the way to go, pending the legal clarification of whether it is actually possible to keep a listing active through a sale via a property management account. 

We have 3 active projects currently in Central FL. 1) 253 townhomes on 38 acres. 2) 135 SFH's on 48 acres 3) 153 attached SFH's on 21 net acres.

I am a private Monday lender and NMLS licensed ( not active) Mortgage banker so I know a little about this I started in private money in Oakland CA in 1987 and have done well over 3000 loans to various clients in 25 states and this is me personally not selling a system so others can do it..