Based on 45 years in real estate, I’ve experienced these types and I believe they are the biggest time suckers to be avoided as quickly as possible Types of Customers to Avoid1.

What's your biggest challenge in funding a fix and flip?

The FED went BIG with a half of percentage rate cut at today's meeting and indicated an additional .5% before the years end. 
The initial effect on mortgage rates was a subtle increase in long term bond yields, howev...

What are your biggest challenges as a new real estate investor?

A home that is selling for $100k after we just saw the biggest run up in real estate values in my adult lifetime means that it's probably not a very desirable place to live for people that have options.

THanks for good discussionsJim,Question: What's the incentive of your Private Lender in loaning you their money for such a short term?

Poor insulation and single pane windows will raise that cost to run the furnace quite a bit so you might want to see where the break point is for upgrading.The biggest issue is power outages in the winter.

ThTs my biggest piece of advice.

The biggest qualifying factor is positive cashflow.

The biggest obstacle I'm encountering now is the making up the initial down payment.