I do mail outs occasionally and don't use any prefab cards, etc.

Both for the possibility of a downturn and against repairs and the occasional unrented room.

You need to have enough cash to lock these deals up and occasionally eat a $500 earnest money payment from a deal that didn't end up closing for whatever reason.  

I am interested in buy, Hold, rent and occasional flip.Options:1.

We get occasional reminders from him about not overloading the circuits by over using power strips - which is surely done in order to accommodate for the pathetic lack of available outlets. 

Where some of the flippers I have helped went off the rails occasionally is under estimating the rehab costs.

Most of what I have seen on Zillow/Realtor/Redfin has been in the so-so parts of town with the occasional fixer upper closer to the more desirable areas. 

I have occasionally made purchases for the property on personal credit cards to maximize rewards points, or use credit instead of cash temporarily, etc. but I'd like to get everything completely separated because putting my income statements together is a mess if I don't stay on top of it (and programs like Stessa make it soooo easy if everything happening in a specific account is relevant to the reporting).Which cards/checking accounts/etc. have you liked the best?

We occasionally get more according to neighbors.

I have had a local appraiser tell me he runs into this occasionally - when he does, he says he 'has to' appraise the home as a conventional home (probably discounted some for condition unless extensively remodeled).