Here are the numbers, so you can see what I mean.The numbers are the following: 359,900.00 sales price (purchased Dec 2015) 89,975.00 down payment (25%) 10,000.00 closing cost (estimate - I don’t remember the exact figure) 7,000.00 required rehab (estimate - I don’t remember the exact figure) 106,975.00 Cash invested 3,900.00 Rental Income (actual figures) 150.00 Parking Income (actual figures) 4,050.00 Total Inflows (400.00) Utilities (250.00) repair budget (not an actual outflow, yet) (2,200.00) Mortgage (Includes insurance, taxes, and P&I) 1,200.00 Operating Inflows 14,400.00 Yearly inflow 13.46% ROI If I were to use the 50% rule I would have discarded the property. 

A lot of people put off getting into real estate because they don't have the money. 

I have a team of professionals working alongside me including a real estate broker, contractor, project manager and hard money lender. 

Our district requires 300 foot coverage or actual reach (not as the crow flies) from the hydrant.Landscape-Storm pond or Storm sewer or both-Sewer-Electric- say $700,000Fiberoptics- $100,000Parking Painting and lights- $150,000Etc.Etc. 

An example of this would be mixing your personal money and LLC money in the same bank account.3.

While you need money you do not need a ton of it.

You would still have your same minimum down payment requirements, so you'd be leaving some money in the deal.

Dont waste your money with an LLC.

I don't even know how the flippers buying them are making money.  

You have just saved yourself money and a headache from work or workmanship that is probably not up to your standards.Good Luck