All in all, negative experience; although, I did learn a lot and gained a few hundred thousand skymiles :)Overall, as someone who desired a very hands-off approach, I did not find the flip process and its juice to be worth the squeeze.

I was on the fence on getting an attorney’s review and decided to start with the forums to see if there is low hanging fruit pertaining to the strategy. 

But it'll be a while before you begin to see fruits of the economic development underway.  

Here's a very basic explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

It gets my creative juices flowing.If I were in that situation, I would probably ask a friend or two to move into the house with the lady still living there.

While cash flow is nice I think most people won’t see the fruits of their labor until their properties are paid off by their tenants in 15, 20 or 30 years.

So, for first-timers, you need to have investor friends that you trust that can help tell you when your subs and GC are juicing you because they know you don't know anything.

You can juice returns if you furnish and Airbnb other units.

I do just know having the “problem” of moving away from California with over $400k ** should** be a GREAT problem and lead to fruitful multiplication of those funds. 

And with the right buyers agent it could be a long lasting and fruitful relationship that can bring you more deals that are pocket listings or off market!