Live in your first flip, yea or nay?

[Melissa Ewbank]

Interested to hear what some experienced flippers would say about living in your first flip.  Yes?  No? 

I'm looking at a potential REO property as my first flip, however the bank has a requirement that the new owners live in the property for a min. of one year after purchase. There is a ton of upside on the property but wondered if I would be better served trying to do a couple flips in the year to hopefully net the same profit.