My initial interest has been to buy and hold with the idea of providing a monthly cash flow and also longterm equity, so the idea of flipping right now unfortunately doesn't align with my current work schedule, though the profit your friend looks to make is amazing. 

Atlanta Video Market UpdatesIn addition, I schedule bi-monthly meetups here in Atlanta.

This particular contractor was shady (tried to get paid earlier than his schedule, claimed the property passed "first inspection" while all they got was a permit, etc....)Please advise how I should move forward as I am meeting him tomorrow.

So far the biggest incentive for me to get my license is speed, a house came on the market last night, before anyone knew about it I scheduled a showing and if the house is in good shape I will have an offer in on it today.

Anything you can systematize would help-scheduling showings, showing feedback etc.I would suggest you co-list the first couple of deals with a full time agent.

Did not vet tenants but they have been paying for a number of months and get along.Obviously, I would do more due diligence on the property but it brings up a point I am sure many are interested in...how do you go about assigning new responsitbities, rules, protocols to tenants who are already in said building with their own established contract and routines, etc.?

I love working with people, and I have loaded my schedule up with local REIA meetings in the area.

It is however just a couple streets down Green Ave from the new Elements West project, which appears to be scheduled for summer 2019 completion.

So here is some info on it...We bought the property in Cincinnati, OH mid-Apr, rehabbed it, listed it & scheduled to close mid Nov.....all in expenses came to roughly $87k.Sales price - closing costs/concessions - all in expenses = $20k profit split 50/50.  

My landlord has us all on the same leasing schedule.