Here’s the breakdown:No income, no tax returns, no W2s, no extremely thick red tape.

If your roof insulation is accessible and less than 8" thick you should definitely add.

We never made a dime on CF, but in retrospect it did not matter, by holding the properties long term through thick and thin, we did way better than we otherwise would have.

The lake doesn't freeze over thick enough in our area to allow ice fishing.Does the lake in your area freeze over thick enough to allow ice fishing?

When I finally spoke on the phone with the person he was talking very slow and had an extremely thick foreign accent.

Thankfully, the carpet was fairly thick with good padding there was superficial stains we were able to clean and prime the floor.

To address the type of flooring material, first off, if you want a "luxury impression," stay away from the laminate fake wood.I would consult a local expert, but that said, I understand engineered products--with a substantial veneer thickness that's able to be sanded and refinished--are both functional and comparatively inexpensive to install over a grade-level slab.In terms of color, this is always subjective (and depends on what's going on with the kitchen finishes), but I would recommend a mid-tone finish for a flip.

The more unit, the more tenant issues... so only start with a 4plex if you have a thick skin, it's in a great neighborhood, or you have experience with management....If you can't afford a plex in a decent neighborhood, consider buying a plex and moving into it.  

I have done this to every crawl I've had to prevent nasty oders, seal the space up, and make it easier if we ever have to do work down there (plumbing, etc).My solution to insulate is to level it out, lay a thick plastic barrier on the ground, tape up all the seams, tape/chalk it to the foundation walls/piers to seal, and then insulate the foundation walls themselves. 

I also wish I would have gotten through my thick head that you don't want to own the property, and the idea that the more equity you have the less your return is. yet at the same time it's your safety net if the market falls.