Should you decide to do this full time and do more than 1 flip at a time, private lending and fix&flip loans will be the way to go.

Good luck with whatever you decide to do. 

Seller decided to back out at the last moment for some arbitrary reason and just didn’t show up to closing to sign the docs.

Giovanni, Congrats on deciding to go to the next level. 

We decided to go with a DSCR in the LLC name to help protect our personal assets… We are near closing which has taken WAY too long in my opinion… (we are on month 3 with 3 extensions)…Regardless, at this point 2 of the 4 of us in the partnership are being asked to sign as guarantors of the loan…1 Is this normal?

But occasionally we have issues and tenants need to be asked to leave or just decide to disappear in the middle of winter and it sucks.The worst part is I find the quality of tenant interested or willing to move this time of year isn't the greatest either - often times there is a reason they have to move right now since most landlords don't like ending leases this time of year.Either lower your rent or just hang in there.

There are a lot of site-specific issues you need to investigate before deciding what the land is worth to you.

So any unsolicited calls could be subject to fines if they decide to pursue?

I am left feeling that working with them was a wasted investment and decided to cut my losses and move on. 

I'm just starting out learning real estate, but I can't decide whether renting or flipping is a better option.