Like for instance, if I wanted to lease a property and then sublease at a profit.

What is the minimum monthly profit you look for in a rental property?

If the numbers appear right, does anyone think this type of "flipping" would be profitable?

You ask a question that all investors ask sooner or later.I'll let others chime in, but from what I've seen when a person is just starting out, there is not the need to incorporateright away.But those that own dozens of properties are probably incorporated.If you are just a beginning investor, wouldn't it be better to masterthe art of the deal and begin to show some profits?

We will split the profits with you straight down the middle -- 50/50.

With one exception.........Unless you are buying the property so low that you can re-sell it at a profit with out lifting a hammer.

Example if i purchased the property for $100,000 put $20,000 in for repairs I can sell the property for $120,000 for the first 3 months then I can sell it for more of a profit like $150,000 what would be the penelty if i did sell the property for $150,000 in 2 months.

Networking opportunities...Potential nice profits...What more could I ask for??

I currently rehab properties and am considering going back to school to obtain my RE license and eventually my Broker license in order to have access to the MLS for the buying and selling purposes and to increase my profits.

Profit is 67K.