Borrowing against your paid off house without an income puts way too much pressure on the success of whatever deal/project you decide to pursue. 

Your team is key to your flipping success. 

I’ve worked with several first-time investors, including out-of-state buyers like yourself, and it’s 100% possible to build a successful short-term rental (STR) business even when you’re managing remotely.

So that alone is evidence that what you have been told is wrong.Secondly.. if it is 99% accurate that a list of 2K gets you a deal.. what stops EVERYONE to get a list and thus that means Guaranteed success.

I'd love to hear your feedback on success or struggles and anything I should expect.

Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?

. $275K acquisition  and you believe a 40 year amortized loan is necessary to make the numbers work, this transaction may have bigger problems.  

It seems to me that they all whether paid of free, will all have the same exact amount of houses because all the transactions are all public and so they seem to compete with each other based on the quality of the data of the houses, how up to date it is, and the user experience in configuring the how the layout is.

What trends proved to be the most successful for you last year?

A good designer and architect are key for a successful project like this and keep in mind these aren't cheap.There's a lot more details to consider, feel free to DM me for more details.