I am planning on going in depth with him next time we meet.

Something like that where you are paying a la cart fees that are applied at close under the buyer-broker agreement and commission agreement.Its going to be fun to figure out this year and next, I’m building basically a subscription based brokerage right now anyways where they sign up for the “plan” that suits them which will require the mandated buyer-broker agreement and commission schedule. 

Do you have the permits and the plans?

No doubt..100% equity in a cashflow plan backed by physical structures or assets is hard to beat.  

If you have a lot of assets, W-2 and are flipping in a different state you definitely need to speak to a qualified estate planning attorney, cpa and an attorney that deals with entities and which entity to form.

@Inga DavisDepends on what you plan to do with the extra money you cash out.

Watching BP videos, reading, studying, we need a better plan.

My plan is to buy a property like this, as long as the cash flow is not negative, I am ok.

I would like to know if they are planning to do something about pricing popular amenities, namely pools. 

I've been reading some posts here about setting up individual LLCs for each property for asset protection, and saw that some state allow Series LLC but got quite confused with the various posts.I currently live in Phoenix AZ, and plan to invest in out-of-state properties.