This means that not only does it need to be a profitable deal, but one meeting guidelines that give us confidence that a rehab can be completed not just quickly but properly and that the property can be listed and sold within the time frame of the loan.

Not looking for anything fancy since it will eventually be fully tenant occupied in a couple of years, but want work to be neat, and look nice enough able to generate market rent.

The fix and flip would be great to generate even more cash.

Usually, you will offer a preferred return and a profit split.

When trying to send money for a non-profit to Germany, the money was stopped, he was questioned thoroughly about the origin of the funds.

What is a fair way to split profits on this transaction?

You could also set a minimum profit for yourself.

Lastly the plan is to keep it long enough to help generate the cash flow for other deals and as long as I can raise the rents it would a keeper.

After negotiations, the seller just submitted his final over.Heres the deal:$154,900 purchase price and seller agreed to cover all closing costs.Monthly expensesMortgage: $840Taxes: $50Insurance: $225Flood insurance: $60Vacancy of 5%: $107Cap Ex: $172Total monthly expenses: $1454All 4 units generate $21503 units rented out with me in the 4th generate $16251st year cashflow: $171/monthAfter I move out and can rent out the 4th unit cashflow: $696/monthWhat do you guys think?

A business is an entity that generates income and expenses and calculates a profit or a loss.The S-Corp he is proposing generates $0 income and generates expenses that do not benefit the S-Corp - they benefit somebody else's business.So the S-Corp is going to generate losses year after year after year.