I guess it’s the tension of wondering if you’re just going to lose out on too big a chunk of profit by listing it below market value vs.

Typical is 8-10% preferred return with a 70/30 profit split. 

He bring the deed I bring the money and we split the profit and I'd just get15% or so above what I lend.QuestionsCan you run title in a week in conneticuit.

Also second position gap funding is generally done in a profit share plus rate.. don't get fooled into only taking mortgage rate interest .. as the risk position is far higher.

Then after a year I plan on moving again and attempting to rent out both units for a monthly profit.

It is not about profit it is about perceived profit and that is what conservative investors seek.Personally I believe that fluctuating real estate markets makes using a property as a bank is higher risk due to market shifts wiping out your equity but others see high leverage as a higher risk.

Rental profits will more than cover my needs but this is an insurance idea in case the market turns south.Any particular things to watch out for?

I'm well versed in most of the trades, and plan on taking on most of the labor for the first few flips, until we can gather enough profits to start managing the work, in place of doing it all ourselves. 

If I found a property that was a good deal and the numbers came in right to make a profit after rehab, could I use hard money to make up the difference in cash I don't have ?

He is offering a 10% return or 20% of the profits for this investment.Would you say that these are adequate returns for the risk that I would be putting down?