Also, they don't get as excited about REI loans, as they are more typically looking to help the Small Business Owner get off the ground (e.g. a Donut Shop, or Lavette's Account,...) at least that's what their rep told me.As for that as for that being a REI strategy, it's viable as long as your numbers are solid and you can profitably repay the loans. 

Tax free profit is sounding pretty good but that's obviously a 1 time thing and we already have cash sitting on the sidelines waiting for the next project.Thoughts and ideas would be much appreciated.

Split the profit.

That is, agree with a fix and flipper that the fix and flipper will fix up the place at their expense, sell it, and then the fix and flipper will split the profits with your parents.

That $1300 seems reasonable to me, but if you can only get $1200, your margin is getting much slimmer.

I find that totally false in my opinion.The older demographic is the largest growing audience and most profitable on facebook.

You tried to take them for a profit but maybe they've turned the tables on you.

Final numbers 42,000 purchase price 2,000 rehab 9,900 closing cost 17,100 profit for 10 hours of work and a 38.8% return and an hourly rate of 1,710!

Secondly is the profit per door the most important?

I don't pay myself from business but reinvest profits in purposeful expenses or cap improvements for the portfolio.