I'm looking at this strictly as a business and am looking to make as much profit as possible, obviously.Any insight on great upcoming areas, or any advice on when or how to do this PROPERLY, would be so appreciative.Thank you!

Try looking at:The Best Types of Markets for Profitable Turnkey PropertiesandWhat to Ask When Working With a Turnkey Provider

But I think if I can get it for the right price that it could be very profitable.

How do you split profits if you dissolve it? 

@Jay Hinrichs   You may be right, the deals I make thought wholesaling, if I am dealing with an agent, he/she get the full comision, and they normally love me after closing, if I am dealing with the seller directly, I feel I am helping them, I try to do a win-win deal, I have close some deals with zero profit but in those cases I was happy because the seller was happily resolving their situation, right now I am more focus on building my portfolio with friends rather than make more quick bucks

i was gifted a house... im looking to sell the house now and want to avoid capital gains tax.... can i gift the profit from the sale of the house to a family member and avoid capital gains tax?

If this will still cash flow or profit as a flip after the additional repairs you might still want to move forward.

We've used them both to do so and make extra profits.

Or sell 3 and pay off the fourth with profits. 

Rehabbed it with my own $ and it's very profitable.