It makes good income on a dollar/hour basis, and I have incredible control of my schedule, spend time with my family, etc... but it isn't very scale-able, at least not with favorable profit margins. 

Paying for your tenant's utilities can make having a profitable real estate investment harder.

This means you will likely have to use a transactional funding source adding to your transaction costs and lowering your margin. 

Can a simple 8-10% loan work vs giving up equity and how is the investors money treated in a scenario where the deal loses money vs profits?  

Anything beyond that, means the margins are perhaps a little too tight and you may want to reconsider doing the deal.If what you’re saying is correct, that 70% ARV does not leave any, or very little money for renovation, than I can already tell the margins on this deal will be tight.

Hey Everyone,Wanted to put together a quick list of a few things I wish I had known (and worked through more fully) before I started investing in real estate.Taking action is SO important, but even just a little more planning would have helped my investing business grow more quickly (and profitably)What is something you wish you had known before you started investing?

So I can pay cash for the next deal and get out from under interest payments, or do I keep them as a slow burn, unfortunately I'm kind of tapped out while I have these two places, and any other house purchasing would have to come from the profits off these places.

(I am not taking the coop sale profits into consideration.)

My friend will do all of the work with the house, gaining 65-70% on monthly profits and I, 30-35%.

So, if all goes well we will have about $35k in profit.