My custom new build was just completed, and I noticed that the 3 mini split units installed are set up as a multi-zone system connected to one condenser.

Purchase price: $75,000 Cash invested: $80,000 Sale price: $175,000 lot split and owner finance What made you interested in investing in this type of deal?

Purchase price: $520,000 Cash invested: $150,000 Sale price: $899,000 bought distressed duplex; completely renovated; work with city to split into two individual units and sold invdividually What made you interested in investing in this type of deal?

If your bank doesn’t, tools like Relay Bank or Novo (both online banks) are designed with Profit First in mind.Bookkeeping software: QuickBooks Online and Stessa won’t split deposits automatically, but they make it easy to tag and reconcile when paired with a bank that handles auto-splits.Rule of thumb: Taxes and reserves are the two categories most people underfund.

I see it as a 50/50 split since he has been actively working for free plus managing the entire project.60/40 (his favor): If he also sourced the deal, because bringing the opportunity plus managing and working the rehab justifies he was more valuable in the deal than the person bringing the cash. 

My only concern is that even with a license, I’d still have to work under a broker and split commissions, which makes me wonder if it’s worth it at all.So here are my main questions:Is it worth it to get your real estate license as an investor if you have to work under a broker and split commissions?

Purchase price: $605,000 Cash invested: $125,000 Sale price: $965,000 fix and flip distressed duplex in Villa park neighborhood of denver. worked with city to split into two individual units for resale.

If it is, why can't you buy similar properties that you are renting with the money you make.If you get $200,000 annually(split proceeds with the other owner), you should be able to buy almost any type of property.

Split the existing facility into more rentals. 

Quote from @Jacob Barton: In the San Antonio area, I see long-term rentals with window units or mini-splits pretty often, especially in older or smaller properties.