i am looking for an investor for my first flip once i move to florida in july  if anyone has any information let me know  i am currently a correctional officer but i am going to be obtaining my real estate license and property management cert once i get to florida in July  my interest has to do with flipping and also own to rent on real estate  

Tax filing - absolutely easier to file an LLC tax return and then pass out K-1s when you've got more than two partners than having each partner take the P&L and balance sheet, figure the percentages, pass that out to each partner, then hope like hell that each partner uses their correct basis portion for depreciation, etc.  

Percy has it absolutely correct.

Bob,I see how you arrived at the 11.9  I check out the comps in the area to see what similar properties are going for... would that be the correct thing to do?

@Dave FosterThanks for correcting me.

It may require the least capital to get started, but wholesaling... correctly...is probably the most complex of all the REI activities, because you have to be an expert in so many areas. 

Did I say that correctly IRA pros?

@Sean GrapevineAm I understanding your post correctly when you say that the borrower can use the Fannie Mae 1025 form to factor in potential rental income when calculating the borrower's DTI when applying for a mortgage?

I do not know what insurance company you have, so I will likely not be exactly correct here.

Not running your numbers correctly should be.