I'm a broker and investor in NYC, I run my own firm. 

@Aramazt Tanashian I'd be cautious as no expert works for free.So, either this person talks a good game, but doesn't know what they are doing, OR they are hiding how they'll make money finding you a property & rehabbing it for them to manage.EXAMPLE: contracting companies make 20-40% markups, so why would this consulting company not charge to handle rehabbing a property for you?

Personally I wouldn't max it out.

I don't have much experience with anything outside of rental properties but i am very willing and open to go into a whole new direction.What I own so far:One Multi Family Building (4 Units)Six Single Family HomesThe Multi Family Building and one of the SFR are owned free and clear (Estimated value of $2.3 Million combined).

If you’re short on down payments, here are a few strategies to consider:Leverage Equity: If you own any properties with equity, consider tapping into that through a cash-out refinance or HELOC to fund your down payments.Seek Joint Ventures: Partner with other investors who can provide the down payment while you manage the property or contribute in other ways.Explore Creative Financing: Look into options like seller financing or lease options, which might require less upfront capital and can be structured to fit your needs.Consider Private/Hard Money Lenders: These lenders can offer flexible terms and quicker approval compared to traditional banks.

I have used sound machines in rooms and they work great, especially if you are renting by the room, it gives each person some privacy.

Personal liability. 

Does anyone have any helpful advice or personal experience on splitting the profits of your first several flips with your GC?

If you asked the average person outside of New York State where Upstate NY is, the most common answer would be "north of NYC."

This way your portfolio stays fresh, non-taxed, and productive.I have clients who have done upwards of 30 1031 exchanges in a given year - all on properties they had owned for at least a year.