Greetings,I’m new to real estate investment and I was reading one of the BRRRR blogs and it stated that one of financial goals regarding Margin should be at least 20% of the value after remodel.So here is my question,...

Then just 1031 the remaining profit.  

We are voting on a huge new transit system in May that will allow for light rail to be built in hub and spoke form with the city center as the hub making access from the outskirts potentially easier. 

I'm transitioning my focus to the Fox Valley area and always open to meeting new investors like myself.

They should not use any 3rd parties.Try looking at:What to Ask When Working With a Turnkey ProviderandThe Best Types of Markets for Profitable Turnkey Properties

I can invest $150-200k of my own money and my goal is to be able to make at least $50k/yr profit within 2 years. 

Can be very profitable but have to be willing to deal with the probable headaches and be cut out for managing in those neighborhoods, unless you are hiring property management of course.

Yeah, on the face, discount properties seem like the way to go, but then comes the maintenance, tenant problems, and that equals little profit.

The Arrangement*Jack* and I met a few weeks ago, have a lot in common, and want to flip a house and share the profits 50/50. 

The alternative is a mound system, which you can expect will run 6 figures to install.I have heard stories of parks that make very little money, if any, because the pump truck expenses eats all the profit.