We have spent the last year saving money for our first investment property and absorbing as much information about real estate as possible. 

I definitely want to absorb the pros and cons before starting a strategy. 

But those price increases were not enough to absorb the higher costs flippers had to pay to buy those homes in the first place, according to Attom.Overall, the number of flips rose in the second quarter of 2021, with 79,733 single-family homes and condominiums sold, or about 4.9% of all home sales – the first time the proportion of flips has increased in a year.

Searching and examining title is as much an art as a science and should only be done by those experienced in it and willing and able to absorb the loss if a mistake is made. 

A 70% increase is massive for a renter to absorb.

Not necessarily because in exchange for that minimal cash flow you are absorbing a lot of risk.Instead of being on the hook for large loans, what if you were signing up for a prison sentence?

So I would make sure you keep your eyes open for pitfalls when absorbing other peoples teachings/wisdom, even mine, or especially mine :)  Go do your own homework, find other opinions and weight their ideas by their merit.

  $50k from the value add can absorb a lot of negative cash flow.  

We replaced the interior doors, as most were wood and had absorbed the smoke.

It absorbs some of the sound and on a cold day, feels much better than laminate, on your feet.