Some is land, some is my Dad's home, and a few other single family homes we are flipping.

I am new to the idea of fix and flips.

The adu’s opportunity is truly amzing for a value add real estate investor for a gold or flip .

Not sure what your intentions are as you didn't indicate if this is a rental, flip or primary residence. 

Eventually I’d love to get in to apartments, mobile homes or even storage unit facilities but I have to learn to flip over, before I can crawl, before I can walk.

Flipping in the uk has low transaction costs and therefore makes lots of sense, but this post (below) made me a little crazy because in the US, transaction costs make sure the entrepreneur with all the risk/work gets only half the profit....even if it goes well....whereas the realtor(s) and money guy gets half ( or more) of the flip for close to zero risk.

You might think about Flipping the property versus BRRRR.Sorry, I have to go. 

It looks like it's an abandoned flip or "unfinished project" distress as David Greene likes to call it.The property is in very rough shape. 

I’m in the process to purchase my first flip house and I want to ask for guidance on how to setup a business or required agreements that are needed for distributed profits.I am the investor for the property, then I have an agent (flip hunter) and a contractor.  

Flip?