Make sure the savings outweigh the admin costs (tax prep, cost segs, bookkeeping, entity setup, etc.).

It dose take time and money to get a real estate license, however the same can be said when looking for a potential property to fix and flip.

As a rule of thumb, it costs several $1000s a year to sustain as a realtor with the membership, lockbox, mls subscription, desk fees.

It was met with widespread doubt, as critics argue it benefits big banks at the cost of the borrower.

On the other hand, you could rent a low-end Air BnB with huge profit potential, huge loss potential and requires tons of hands-on effort.You need to figure out where in that spectrum you want to be.There is a lot of great information on the internet, and obviously there's a lot of junk. 

., % of total project cost or “implied LP share”) when that’s all the family brings?

Look into local market trends, rehab costs, and potential profit margins.

Anything he can't do he will charge me book cost for his specialists labor, and cost for materials. 

As a realtor, I see buyers being much more sensitive to total cost, financing incentives, and maintenance predictability, which makes new construction much more attractive now than in the past.

The buyer would avoid financial disclosures to potential lenders6.