After being an active broker for 30+ years, I would encourage you to become a licensed agent and then broker.The experience of inspecting many properties on a daily basis, learning the listing as well as the selling side will only up your game when it comes to negotiating with a seller who's property you want to buy.Some of my best and most profitable 'flips' were because I went out on a listing call, knew the property values and was first on the scene. 

Regardless of how the numbers shake out for your investment, they'll at least know they'll be guaranteed to receive their money back, as well as make a profit at the end of 3 yrs.

I’m looking at where to invest the profits of my flip buisness in Salt Lake City and would like to build up a rental portfolio.  

I'm also entertaining the idea of staying put and just taking out a big HELOC, but my fear of getting stuck in this house and town is significant.....I don't gamble at all, and I don't watch sports.

total monthly estimated clear profit is $3,450/ month.

So if you bought this same house turnkey you would pay the 30K equity premium in profit.

View report*This link comes directly from our calculators, based on information input by the member who posted.How would you maximize profitability in a scenario like this?

Here was one of my last BRRRRpurchase  36 rehab        26all in          62arv             95refinance  71cash profit - 10Kmoney left in the deal - 0hopefully this helps?

Tap has some profit in it.

In my first flip, I missed lot of small details and that took chunk of profit.