This industry is so much more sophisticated and has translated a slightly better mousetrap into market share.

That statistic is an indicator that local industry wages can't hold up to home valuations which is a recipe for disaster in my eyes.

None of the names listed above appear to be pivoting into the homeowner association space, yet here in the northeast USA it's still quite a fragmented industry outside of the major urban centers with established and deep-pocketed PM firms. 

Yes, it is extremely common in our industry.

Mortgage rates declined to their lowest levels in over a year, a sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low 6% range on government loans and in the mid-6% range for conventional mortgages.

I also have zero interest in positioning ourselves as a “value” offering in an industry where top performers can 2x + the cheaper companies. 

At the end of the day, having adequate capital to purchase deals is a crucial part of this industry.

You have some great goals and sound pretty adventurous so you are in the right industry lol I love hiking and would love to kitesurf but will start with paddle boarding first. 

Wife is a realtor, hubby is part owner of an industrial construction company.Ideally wed love to get a fix and flip for our first investment.1- what is something you wished you knew before your first flip?

Rely on industry acknowledged experts for advice.