Basically every dollar spent will be a business expense and every dollar received will be income and the difference after all the dust settles is your profit to be allocated.

Any advice you can give because I know this couple is going to be upset if they don't receive all of their money back.

Asking for a 5 day closing with 0 D.D. received sunday afternoon.Today I call him and explain to him that this client is doing 5 deals a week and will need surveys/inspections/title etc and there is no way to do that in 5 days, even if he was inclined to.I'm told that "this is an easy deal and I'd never sell any property with a 'kick out clause' ever and I have two showings today so why would I even bother with your offer."

I just filled out their preliminary application and received a follow up call within 10 minutes.

I will receive 10% of purchase price for finding buyers and managing deal until term is complete.  

I thought about using my VA Loan to purchase the home i live in and then posted a forum asking could i use it to invest. i received great support and feed back. i then bought the book and seen it in there.  

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.At the bottom of this page is a list with help in it.

The seller has received cash offers but for around $400,000.

So as much as I didn't like the answer, I must admit I was wrong, and in the past I have done it one other time where I provided a tenant's electric account number to receive a credit to the final cost of the system. 

I received notification from my property manager that the tenant called on the 11th of the month, after not having paid this months rent, and informed them that she had filed for chapter 13 bankruptcy a couple of days prior.What does that mean for me?