Then, she tells me the price which makes me think there's still a chance for me to put in an offer.  

I put in an offer for a potential flip.

If you were to be administering a 20-unit apartment, that might cross the line due to the amount of your effort that would be put in play.You are correct that you cannot work on a property.  

I put in an offer:ARV $258,000Asking 184,900Rehab None70% 180,600Offered $160,000I am wholesaling the house. 

The more you put in, the more you will get out of it!

I do all day to day management..We each put in half of the down payment, partner qualifies for loan, I do all day to management.Portfolio Loans Partner puts down 10% to 20%, I put down $0 but do all day to day management.What I am wondering is what would make sense in either a long term buy and hold together for say 15 years +, or also if there is a good way to 'cash the partner out' in say a 4-7 year window with a good rate of return.Thanks, Dan Dietz

Instead, you put in $50,000 as a down payment, and the bank contributed the remaining $150,000.The cash flow you earn is based on the full $200,000 asset, not the $50,000 portion.

I want to put in a lot of time, I'm willing to take risks, and I want to make a considerable amount of money.I had the opportunity to become a real estate agent, but I much prefer the idea of "flipping houses" or "rehabbing," if I'm using the term right.

If you were to put in your bid today, the county will notify you tomorrow whether or not your bid was accepted.

We goofed in several spots and put more of our own time than we should have, and probably only came in at around our budget numbers because of the number of man-hours my family and I put in the property.