The cost of sales would start to eat into your profits, though. 

You’ll find that being an agent is a job for them which is for most but they only see the big fat check in the front end.

Maybe consider a Kill What You Eat (EWYK) model?

They make stinky pee nests, eat electrical wires, and die in stacks when they chew into the wires. 

Steve I have one of eachMy daughter got a 4 year degree from Davis and is now semi senior management at Intel knocking down some fat checks.My son is a GC and is building 3 homes for me right now.. but he cut his teeth doing small rehabs for us.. then trained himself to be one heck of a finish carpenter to now he can build them as the GC from ground up. 

Maybe pay cash for a small property and use the remaining proceeds as the minimum downpayment on a property that would eat up the rest of the $600K sale.An $80K capital gain in CA is a pretty large tax. 

I just think of that old idiom: pigs get fat, hogs get slaughtered. 

So the mortgage really eats into our cash flow.  

Once my first wholesale deal passes, I intend not to eat the profit, but roll it straight back into my business.I am considering a few things.1.setting up an S-corp (or LLC taxed as an S-corp?) 

Thanks Jon, I actually fat fingered that 10% down so there's a correction I need to make.