This is the chapter you want, it has step by step instructions on how to do a development deal in QB, and a flip works exactly the same. 

Basically, you follow instructions on the New Jersey government website, pay the $125 and you get some type of certificate.

Yes labor cost can be hidden and the truth is never really revealed on tax documents.

So I thought that amount of money would be worth three days of instruction for someone that is new. 

One must always think very critically about hidden traps lurking in a deal and yet avoid the dreaded 'analysis paralysis'. 

@Jose Diaz I searched the forums and found some good templates and instructions then built it from there.

Leave some wiggle room in your calculations for hidden expenses.

Make sure the form does not OBLIGATE you to pay, but rather says IF you pay this amount in the next 30 days, by creditors signature on the document, escrow is instructed to release the lien.

Our fund's CEO recently wrote a piece to give to plaintiff's attorneys about instructions to take down syndicators.

Soft costs are all those hidden costs no one thinks about and then wonders why they didn't make any money; carrying costs, builders risk insurance, closing costs X 2, points on the construction loan, seller closing help, transfer taxes X2, real estate commission, etc.