You are better off hiring the contractor, paying the fee and keeping 100% of the profits on your flips.On the other hand, if the contractor brings to the table not only the funds for the rehab but also for the purchase as well as handles all management of the rehab and the design, then perhaps an equity split is appropriate financially for you.Your next post states the contractor is your brother so with that said, things change as family is family, but the financially principle I stated above is still in play. 

I am a Property Assessor in Edmonton Alberta and am completing my (AMAA) Professional Designation .

Answers:1 - I use the software I designed myself.2 - There are no deposits in a LO. 

I live in San Antonio, TX, and the area I am looking to get the house in is an area with a lot of things to do around it, and next to two large educational institutions and a few big San Antonio attractions.

Also keep in mind that price attracts people looking in that price range.

Hi All,I have a question regarding neighborhood designations on realtor.com.

I currently put contingencies on the following milestones:Contingencies (able to achieve the following milestones)Site PlanningBase MapSite Plan (End of 2021)Conceptual Site Plan (Beginning 2022)ArchitectureFeasibility Design (End of 2021)Conceptual Design (March 2022)Entitlements & PermitsPre-Application (Beginning 2022)Application (mid-late 2022)**Buyer Submits Refundable DepositBuilding Permit and Inspections (End of 2022)Final Approval to Build for purposes of a banquet hall (End of 2022)**Funding Land Acquisition General ContractorSite and Civil Work (End of 2022)Certificate of Occupancy (Late 2023)Is this the correct approach or is there a better way to structure this offer to take on the least amount of risk?

My company has been doing residential Spec builds in Austin for the past 6 years or so and recently got into doing Custom builds, an architect we have worked with in the past approached us and basically he wants us to build a house he's already designed for his clients, (we are still in the process of meeting with them and doing estimates etc.), we verbally agreed on a 20% GC fee over construction costs, but I have a feeling he will want to split this 20% fee with us somehow as he tried to do something similar a few years ago in a project that didnt end up happening (he wanted to split the 20% in half between us) which we didnt think that agreement was fair at the time.

Both of us have studied permaculture, so based on permaculture design principles we cleared a couple acres, planted a food forest and dug a pond.

I did some research, here are few places I find attractive for the Short Term Rentals :1.