Our PM handles this transition for us.

I take what I feel the ARV will be minus any liens minus Buy, Hold and Sell costs minus estimate for the rehab minus an unknown contingency since most of these you cant get inside the property to look and then minus a reasonable profit margin leaves me with the most I can offer.

Mainly just looking to see if somebody else has bought a fixer upper and done the work themselves and if there was any profit selling it after living in it a couple years (to avoid capital gains) Thanks!

These are profitable for the companies that sell them. 

RIght now if you are just sharing the profit and loss per capital percentage, you dont need a complicated agreement. 3)Looks Like your lease on the condo is about the expire, so based on your situation, if you could live there for few more months, you could qualify for section 121, if not 1031 is always there. 

Search for independent studies vs. those funded by the window industry (who push the use of UPVC due to profit margins). 

But when you do the IRS sees that as taking profit so you pay tax on that amount. 

I was wondering if anyone ever tried to make a deal with an owner where they purchase the property for much below the asking price, pay for the rehab and then split profits above a certain sale price?

After going back and forth with price twice we are about $8,000 apart and I am not as comfortable absorbing this difference by my profit.

I found an 8-plex for $250k with $55k profit per year.