LLC vs. personal name, vs trust, or other entity?

If you have built up a skillset to a high level, then you can earn a good amount of Seed Money for your future Investments and your qualifications will be excellent!

Basically, a FLIP funded with income-producing RE passes on net income (rents) initially and then, at a point that you specify when you create the trust, the trust will 'flip' to paying you a flat rate of income based on the trust's total value.

If you value your time/energy/stress level for a 6 month process (max 180 days) at more than $10k, then maybe it isn't worth it to you.

To build trust I would like to VOLUNTEER my time and services to someone who could use the help.

Bottom line if the trust isn't there even if you know the person then you need it in black and white.

I've read a couple of post about investors not trusting wholesalers because of the wholesalers lack of ability to calculate rehab cost.  

We are in the process of determining all the forms that need to be filed at the CA and Federal level in order to "hire" herself as the sole employee of the company. 

Obviously if you can make the deal even better with a certain type of loan you would take advantage of it.Jeff Wagner and Phillip Morris with One Trust Home Loans are excellent resources here in Houston.  

My question is, do I let him complete the work up to the level he has been paid and then fire him?