Long Distance Flipping...

[Isaac Baron]

Hi, 

I am somewhat new to real estate investing.  My business partner and I are looking to get into flipping properties, however the area we both live in is too expensive for us to start out doing it locally.  We own a few rental properties, and have some good contacts in an area that I believe to be a good area to flip properties in, and much more within our price range.  What I'm wondering is, is this a bad idea to start out flipping long distance with relatively little experience but with a decent network.  And if it is not a bad idea, what specific tips or advice would you guys have for being successful in this venture.

Thanks,
Isaac