A Flipper aka house flipper, is an individual whose niche in REI is acquiring property of his/her desire with the intent of not occupying the property, rather creating equity/value in the property, subsequently selling the improved property for material gain; i.e. selling the property for more than it cost to acquire said property + improvement, thus creating profit upon sale of said property.

Who you are, what you do, and how you can help that individual.

I would really appreciate it if you could provide some insight with regards to the following scenario.In year one GP has 20% equity and Limited Partners A,B,C,D have the following interest in the property's equity.A: 20%B: 20%C: 30%D: 10%If the operating agreement states that after payback of principal the equity split will convert into 50/50 would the Limited Partner's individual interest compress equally?

@Nabeel Mahmud I rent directly to companies both for profit and non profits that provide care for individuals with special needs. 

Plan for 10% vacancy, maintenance, higher taxes, insurance, cap ex to renovate, reserves, management fee 10%, utilities unless individual metered.

well rounded individual !! 

With the Checkbook IRA LLC, the IRA itself is at the back end and simply owns an IRA for which you can have signing authority and operate out of a bank account of your choosing.Again, if the IRA will have equity in the flip, then the IRA is engaging in a trade or business activity as opposed to passive investments such as hard money lending or rental income.  

Owner gets back and say I never authorized that I won't pay it. then moves to another PM... this is a very common occurance and veteran PM companies then learn to have a reserve in their trust account to accommodate this.Maybe that's what your talking about.

You don't want the reputation of the DEA or local authorities visiting your apt every weekend.

Maybe it depends on the individual asset mgr....sometimes they don't have a value and just bid the FJ, and sometimes they bid a reasonable number.