If I purchase it from him with cash after he has only held it for 1 week, rehab the house then get a cash out refi, will there be any problems/objections by the lender?  

I was under the (mistaken) impression that as a buyer I had to at least indicate to the seller what items I objected to.

-Organize a local real estate meet up in Brooklyn NY-Bring on 2 virtual assistants to help me with time management.  

If you only file articles of organization for your company you will invariably default to your state's statutes of LLC's which are usually pretty strict and often require a judicial dissolution if there is gridlock amongst management) This is money well spent on an attorney!

If they have objections, listen carefully to what they have to say.

The main attraction for me is to have a "track to run on" as opposed to being attracted to the "next shiny object".  

While I am cash-flowing, it wasn't my objective on that deal.My next real estate investment was a house built in the 1920's [see pics here: https://flic.kr/s/aHsjrX5af8]  I wish I still had the after pics.  

Thanks for all the organized links @Linval T.

A business partnership is created when two or more people, companies or organizations come together to form a new business, company or organization.Often times two people with similar visions for a great business decide to work together, forming a team that is stronger than each of them individually.Why is it so important to find a good partner and structure the partnership to protect the interests of everyone?

What are the objectives spelled out in your business plan?