Hello BP Community,I was wondering if anyone has experience in their full time job (if it is not flipping houses) that directly translates or contributes to contractor/project management as it relates to flipping houses.For example, I am a new investor working full time as a chemical engineer.

'Rough patch' part is for neighborhoods that could be a bit iffy.Other than that, all the millennial stuff like whether there are new cafes, the kind of crowd that is hanging out, foot traffic, etc..but then depends also on type of property and neighborhood I am looking at - if it is an industrial-type city, then I'd look at Fire and Police Department numbers - their expenses should be consistent and low over the years indicating less drama.

But perhaps we keep an equal split once everyone is made whole (after the refi) and then just take 6-8% of the rents to be split between my partner and I and leave equity out of it.As for the equity going into the deal, from a cash standpoint only contributing 50k of 300k would put our initial equity at 16% without considering deal acquisition and project management.

Just a counter perspective to contribute here.  

I've certainly read enough on the forum, so I thought it was about time I (hopefully) contribute something. 

My contribution was 150k.June of 2019, I sold my 50% share of the LLC to my partner for $250k (building was not sold).

@Eric SchraderSometimes its best to keep things simple.creating notes/loans between yourself and your LLC can create some nuances. 1) Potentially having to issue yourself a 1099-INT at the end of the year2) Potentially reporting the interest income as taxable but the interest expense getting suspended.3) Potentially having to have someone draw up the loan documents4) etcPersonally - I would just contribute money into the LLC and distribute money out of the LLC without any loan stuff.

Our role in contributing to a healthy society differs from our role as investors.

Hi all, this is my first post of BP but I have been learning a lot daily from the blogs and Podcasts so I thank everyone for their contributions!

For months, i dropped everyone in my life who wasnt contributing to my sucess.. friends that is.