We wanted to split the profits 50/50 and divide up the closing costs separately, but aren’t sure what a good split would be??

I am helping some friends with their non-profit organization that provides a place for families to stay while visiting someone at the local university.

This would be obviously more profitable on all deals but also help safe guard and bad rentals or flips.

Regardless of where the property is at, just by looking at the rent, price and sec. 8 status of tenants means you’re getting into a challenging demographic where turnover and property damage can be real profit killers, just be aware of that and be careful.

So, I have a potential deal with the following numbers 925,000 ARV185,000 rehab42,000 (7%) CC/realtor 78,000 (10%) buyers profit 20,000 feeOffer 600,000Isn’t ROI more important than whether the deal is MLS or off-market????

The bank makes their profit up front.3 - You can't compare the stock market returns to REI returns. 

I don't think you would make a profit in this scenario.  

There are some cheaper neighborhoods, but they're very tough to retain good tenants in or resell for a good profit.

It would offset your profit.

I like the class functions they you could segregate costs by unit, building, and even geographic locations, such as NY vs MA, through the use of classes, subclasses, down 10 levels.At the same time, I also did accounting on the side for a government funded non profit that that I use classes to segregate funding sources.