Fulltime flipper?

[Dennis Sprague]

I am 53 years old and really want to quit my job, take 1/2 of my retirement and go into real estate/flipping full time. I am almost done with my current home and should make around 35,000 on it. I also have access to another 135,000 in pensions. I love houses, am really handy (do about 95% of my own work), and feel this is the path for me.  Should I go all in, what is the down side and what should I be careful of. My real fear is that I will slowly bleed out.