@Marvin Spears I understand very well how mortgages work, and how short sales work.....apparently you do not.  

I understand that real estate is a lot of work and currently I don’t have the education for it, so I took it upon myself to do some research and found Bigger Pockets.

I have realistic budgets and understand they need to make money, but at the same time I feel I've paid too much for my previous rehabs since I was brand new to the game.

Evergreen could never understand that there were two payments made outside of their world.

@Dwayne Jones Appraisals are one of the most frustrating parts of my business - but it is an imperfect science and a lot of it is based on personal judgement, so I understand it.

@Dan Krupa There are ways to invest in real estate with your 401k or IRA account, but you need to understand the different concepts.- Invest with a self directed account: You are right that you can roll your 401k/IRA money into a self directed IRA (or a Solo 401k) and avoid paying penalty and taxes.

I am sending over my terms and requirements to an attorney I was referred to and I wanted to float it to the BP community first to make sure I am not missing anything.

A partner that I've worked with for years has a...

I have not done airbnb before but I understand it is a very seasonal business, especially in Seattle.  

We’ve recently acquired 3 perfectly suitable brrr properties and hope to learn as much as we can to better understand how to find good deals.

(I understand that the split is whatever we agree on -- I'm looking for what is typical).2) Same situation as above except that there is a mortgage involved.