I like doing business there.

Was talking to someone who has been in the Real Estate business for a long time.

It's my business, my passion, and I guess my identity :)

Pay your expenses for each property out of the respective LLC' account; ideally these should be business accounts. 

This isn't to say you can't implement your flipping business part-time; however, it'll not be easy.

The drafter will tell you what the expected timeline for design will be, timing for permits with city, what the lot and zoning allow you to do… etc The contractor : has to be someone that knows how to do the work (experience), is not too expensive so that the investment makes sense at the end, but is also not unrealistically cheap, to the point that they won't finish the project or they will simply run off with your money… Assuming you have an honest and experienced well priced contractor, then they will give you an understanding of costs for the entire project (a ball park bc you won't know 100% until you get RTI permits from the city (approval)). 

Don't get discouraged when business is slow, and things don't pan out for the first few years.

Most STR markets are really crowded so it takes thoughtful design to make your property stand out.

Hopefully that means they are so busy/good that they don’t need your business.

We value you as a client and hope to continue to earn your business.