Quote from @Dan Mcguire: One reason not to invest, is not to lose money.

Wholesaling is a great low cost way to make a lot of short-term cash, but it does not build long-term wealth.

There are a ton of complexities with properly repairing a fire damaged house....they sell really cheap for a reason.

Take your sales price, minus selling costs, minus any capex, minus purchase price and that’s your taxable gain.

Finding a condo that allows Airbnb/STR will be challenging, they're rare and cost more because of it. 

Unless it's cost-prohibitive, I'd remove it for the same reasons people have stated: 1.

The judge might also find that "reasonable legal fees" is a number much smaller than what you had to pay your lawyer.

Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred. 

I would suggest looking in Columbus Ohio for so many reasons - population growth, job growth, and companies moving here.

Franchises work for a reason, but inexperienced operators are why they fail.