I agree with @Joe Gore - until you can afford to shell out thousands of dollars to an attorney to structure everything with a bulletproof vail, go with a strong liability insurance policy.

How would you structure it?

Here in So Cal we're seeing quite a few potentials deals that will work IF we can add an additional room(s) and/or bathroom(s).

For anyone that has done this strategy, explain how I should structure my offer price with the seller and my assignment fee to the end buyer.

@Steven Hamilton II what is the best way to structure a business for flipping in regards to taxes?

Perhaps it might give you a better eye for structural details/problems before committing to a property purchase?

One developer though has successful purchased and reinvented some huge mill structures in a viable way and continues to make news with purchases and plans for these buildings.

When things go bad possibly down the road or not as great as expected the operating agreement and structure set up will help to keep things civil and on track.

The whole business structure and idea of getting paid to find RE deals is an underground activity in most eyes looking upon your activity.

Jordan, there are a thousand ways or combinations to approach such projects, often under syndication, with tax credits granted, can be in a REIT or other structures, sole owners, affiliates and subsidiaries may be involved.