For example, if the tenant breaks a window and you spend $250 repairing it (materials & labor), you bill that back to them to be paid with the next rent payment.

the challenges with flips  is that there are so many angles to try and cover / consider that it is somewhat like spokes on a wheel… even if you just take it system by system… roof, plumbing, AC, foundation, subfloors, electrical, appliances, septic, materials expenses, holding costs, taxes, etc.  

However, there is very little on the internet about the program except the content put out by Palliser.

most people want to push Internet buttons. 

There are internet resources that can do most of the work for you, or you can find a local estate attorney that will do it as well.

Some of them will make it to a higher income bracket, probably most will not in any material manner. 15 cent an hour raises don't really make for much investment income.

I would not just rely on the internet..

How many people dismissed the internet back in 1995?

It's better than what you'll get from most attorneys and what you'll find on the internet. 

Properties, for novices, which look good on paper and have good cash flow usually come with C to D+ areas, risky tenants, and a lot of cap ex that you can't see on the internet (basements, roofs, water issues, outdated mechanicals).You are turning a terrible loss into a springboard which is great, but you are trying to move too quickly it sounds like.