Definately when full price offers are getting ignored in my business model of high cap rate deals only, means I have to move on.  

LLC is best, it defines member responsibilities, distribution etc.

I can't imagine you would acquire 50+ properties without a defined exit.

@Christopher Reeves To me it sounds like you need to define your strategy more accurately and follow through with it.

The question is coming as I am planning to set up a Corp and planning to start branding my product, which in this case happens to be a fully rehabbed house.Some google searches are defining Developers as the one who defines a big area or land into lots , runs the utilities and sewer system.

-----------------------------------------------------------------------------------------*Term is defined in agreement as no more than 12 months nor less than 12 months.And on top of the broker commission, the management company gets 8% per month for their services, which appears to be the norm in the Industry?

Cuts are definately coming soon.  

I'm faced with the argument within my business, which is a family business, of what defines 100%.

If you are seeing large equity gains, there is no way to time the market perfectly, but selling IS the exit strategy, and you should have a defined number or percentage (e.g. 25% market appreciation).  

A family is defined as "ONE OR MORE PERSONS RELATED BY BLOOD, ADOPTION OR MARRIAGE, OR NO MORE THAN (2) UNRELATED PERSONS LIVING AND COOKING TOGETHER AS A SINGLE HOUSEKEEPING UNIT."