Im looking to partner with a friend for my first rehab/flip. I will be providing the funding. He is a contractor and will manage/perform the rehab. We plan to do multiple deals as we expand and perfect or systems. Wha...

Don't forget to use the search function located at the top right of the page, lot's of information/tools here.

This law was enacted in partnership with the Center for Disability Rights, and for all we know, they may have threatened legal action against the city.If we're going to fight the law, I don't think we should jump to conclusions and call it a revenue-grab; if the fines were too low, people wouldn't comply, and the law wouldn't serve its purpose. 

I am tech savvy but haven't used 95% of my cell phone functions in years.The main compliment I get from others is I can take a complex idea and make it really simple to understand.Creating more options and  lists just slows me down.

How is your partnership or agreements setup.

They are not very functional which is why I don't care for them at all.  

+PGI-Vacancy=EGIOperating Expenses:-Insurance-RE Taxes-Prperty Management-Utilities-Other Operating expenseNOI = EGI - Operating ExpensesMortgage Payments:-Principal-InterestCF after Debt ServiceCapEx-Capital ExpendituresCF after CapEx-Purchase/+Sale+Financing/-Paydown of remaining balance upon saleNet Cash FlowCalculate your returns off of Net Cash flow.Returns:Levered CoC: Year X CF/Equity InvestedROI: Equity Invested/Total CF Distributions, including saleIRR: Use excel function to calculate (=IRR(equityinvested, Year 1 CF, Year 2 CF, etc.)Compare return metrics to other investment opportunities and pursue accordingly. 

Learning how to function on a larger scale.

So remember, for legal and tax planning, a good CPA will recommend that clients hold their properties in an LLC or Limited Partnership and run their businesses as S Corporations to avoid self-employment taxes.

Can't really base that on closings unless they are in some partnership arrangement, not sure if the OP is ready to go there yet. :)