I've heard (and what I really need to do is get a lawyer to help out) that I can be partly liable for any major changes to the condo- beyond my monthly fees. 

Both have some major positive perks but also some downsides (such as groundfloor doesn't lend in all the states I do businesses in).  

The first flips were during a super hot market, so 1 was an easy rehab and the other I purchased at a discount for cash simply resold 45 days later for profit.

From my quick read, Coretec appears to be just another floating vinyl plank offering - many the major flooring manufacturers offer both residential and commercial vinyl planks.  

Keep in mind, if those are less than you will realize more profit.

Am I surprised by the influx of major large development?

Assuming the buyer pays closing cost on the back end and no agents are used, my numbers are as follows:Final Equity- $11,700Cash Profit-$4,200Appreciation- $2,000Initial Investment- ($7,000)Final Profit- $10,900Is this possible or am I missing something?

As a Private Lender, you can joint venture with Rehabbers on their projects.. and you can charge them interest during the project, and also Split Net Profits with the Rehabber once the property sells on the market.

Now to make a profit, I'll look to sell that bottle for $6 (sub lease) with $4 up front and finance the remaining $2.

I understood your reply to mean that the 1-2% would be based on my profit instead of the money they put up...