Try to make the snowball work out of current income, supplemented by withdrawals from the $100K as necessary to keep on schedule. 3.

The profit split is whatever you work out with your partner/investor and will largely depend on how much work you're doing for your portion, how much cash the investor is laying out, how good the deal is, etc. 50/50 is never a bad place to start if you're not actually performing the rehab yourself.

You can pull a foot out later if it doesn’t work out.

My main questions were can a friend or family member legally contribute funds securing it with a note and if so how did it work out.

To answer your question students pay between $2 and $2.3K per semester so that work out to $500-575 per student/month.

A three bedroom home might work out fine for a mom with 5 kids.

It’s better if you tell them now, because if they catch it at the last second they will delay your close while they work out the details on their end.

If you default it comes back on her so work out something that protects her.

Is this something that the wholesaler and end buyer have to work out amongst themselves?

It seems obvious that your career is more important to you than your properties so why not just turn them all over to a PM and if it does not work out you can decide to sell at some point down the road.