Not if insurance paid for it.

Work with someone who can guide you or just accept that your tuition will be paid through making some costly mistakes which is also legit if you can afford that :-) Good luck!

and also, what is the pre-payment penalty on the DSCR loan? 

It simplifies the process since Zillow handles credit, income, and background checks for a small fee paid by the applicant.Background Check Services: If you prefer not to use Zillow, consider using services like MySmartMove or RentSpree.

It’s impressive to see how that mindset shift has paid off!

Honestly, I've joined a few guru's community (I paid for the memberships of coarse) but nothing happen.

During escrow converted it to a Roth and paid the taxes.

He paid $1800 for a 3/2.  

That's going out and getting a brand new car with the expectation that you could sell a depreciating asset for more than what you paid for it.

Even first-time flippers should be able to get these terms: Application/Credit Report/Upfront Fee: $0Appraisal Cost: $0Down payment: 10% of purchase price (= 90% LTV)Rehab funding: 100%Interest payments: Paid only on amount drawn (non-Dutch)Prepayment Penalty: $0Reserve Requirement: $0Max Funding: 80% ARVMax Funding 95% LTCClosing time: Measured in days, not weeksI hope this helps.