Why I did small loan deal but huge profit then was up hill after that. had enough for a small/medium deal.

Both of these resulted in around $40K in profit and made me realize my love for this business. 

Keeping it profitable and tenants happy is the tough part. 

If you rehab it in the S-Corp and sell it to yourself, wouldn't you have some taxable profit in the S-Corp?  

I have flipped my first house for s nice profit, have another going on the market in the next 3 weeks and closed on my third today.

If I was looking at it to build a spec house  70k all in is about right for a 350k exit  120 way too high.100k if your very efficient builder.. or a owner / builder and gets great pricing.. 4X is kind of a rule those price points.were it flip flops is the   2 million dollar lot and the 8k build and sell for 4 million like I am sure there is stuff in seattle like that and bay area and other high priced areas.but at the 350 exit I like the 1/4 or less for lot price to make a 15% gross profit margin after all costs.

One who knows how to maximize your profit and keep you out of any trouble with the IRS.

It is a complex transaction and realtors have the necessary training and expertise to get you through the deal safely and profitably.

But if you're living in the house, according to whatever mortgage regulations govern your loan, fixing it up, and then moving on and taking a profit, I fail to see how this is manipulation.

My monthly spread on the wrap loan is $517 profit.