What are some general advice you would tell newbies?

[Arshiya Taami]

Hey guys I want to do a fix and flip in the near future and was wondering what are some general advice you would give me? 

[Bruce Woodruff]

Quote from @Eliott Elias:

What causes 99% of projects to fail is contractors with fix and flips. They are extremely inconsistent and require most of your attention. Choose them wisely. There are tons of tutorials and resources on how to choose the right contractor and red flags to look for.

There you go again. Just because you don't know how to choose a good Contractor does not mean that the majority are bad. I would counter your erroneous statement with this: 

"What causes 99% of projects to fail is the homeowner/investor/flipper having zero clue on how to find a property with decent upside, choose a good Contractor, manage a budget, stick to the plan, stay out of the way, etc..."

😂