One bad incident can wipe out your profits and put you in the red, and from the sounds of it, you're not going to have property appreciation to fall back on.I hope this gives you something to consider!

I wanted to reach out for some help about a potential red flag.  

Great job on your first flip and for not being in the red. $15k profit and a great experience sounds like a win to me!

I understand much of the red tape associated with new construction first hand from building my own home, but blame much of it on a very incompetent builder.Thanks!

This is one that intrigued me, though I totally agree there are some red flags.  

Anna,The cases Brandon is referring to were often held just over a year or even two years.

In instances where a buyer wishes to use HUD financing (which does the loans directly, rather than going through FHA, in most cases), the buyer is almost always forced to use a "bridge" loan or close all cash at closing and then put the HUD loan on later in the process.Sitting on the other side of the table -- yes, I would want more money for the headache of dealing with FHA red tape, too.

To me it would be a red flag of other potential problems.

That's a red flag to me.

It filed its initial public offering in1994.The company reported revenue in the latest quarter of $191.5 million, down almost 17 percent from the $230 million the company brought in a year ago.Total student enrollment decreased 15.4 percent, to 43,293, as of March 31, compared with 51,201 as of March 31, 2015.Bradley Safalow, the founder and CEO of PAA Research,began waving a red flag about ITTseven years ago, when the company’s stock was above $100.