Once all was done I had removed all of my initial investment and it still cash flows about $650/month.

I am also looking forward to my first Mastermind session.  

I would say initially we were slightly under after factoring everything in, but didn't take long to move to slightly over, and better and better.I would say two of our largest learnings in REI were around the PM:- Our PM is far better at mandatory rent increases and making tenants pay utilities etc, as where we were often afraid to ask (to say nothing for their knowledge of other rules, regulations, trends that we know nothing about)... so i would say at the end of the day our PM probably makes us money rather than costing us money.- For us, this is a long term game and all about lifestyle. 

After my initial shock he explained that instead of refinancing and paying closing costs etc.

Before I bought my house the initial buyers (who backed out) were told it needed a new foundation.

I sincerely doubt, I will get any property at the revised price (initial contract + 10% additional)Builder is non-responsive to my phone calls now.

In this case, a 70/30 split was agreed upon at the outset of the syndication (70% to investors, 30% to the Jane and John).At this point, each passive investor has received monthly cashflow checks during the renovation and hold period, plus their initial capital investment back once the property sold, plus their portion of the profit split after the sale...a pretty sweet deal for little-to-no work!

Was initially going to use the $35K for the 25% needed for the down payment on a conventual loan and then I learned the market was hotter than a pan of biscuits so I switched to the king (Cash) used from my HELOC.

I initially began the refinance under my name with a local bank who is a portfolio lender and locked in a rate in the low to mid 3's for a 30 yr conventional loan.

I have someone who has put up the down payment for my flip just to be able to shadow me and learn the process while also receiving a return on their initial investment.You could always wholesale it to someone else.