Just like any business, the reward is big but STR requires a lot of dedication and self sacrifice. 

I agree with @Connor Hibbs's comment on terms for first time flippers and if this is something you want to start doing more frequently I'd look for lenders that offer some type of rewards program to gain better terms through doing repeat business.

Thats fair, we are not doing any of the actual work, so it makes sense to not receive  a lions share of the reward. 

It will have ups and downs, you will make mistakes, but I have found real estate investing to be a rewarding endeavor. 

However as you correctly point out this is far more risky and or its risk capital compared to buying a income property.. but the reward can be strati-spherically higher .. not just a little bit but it can be life changing profits on some of these deals.

Some of my clients love the cash flow in the east side neighborhoods over by Slavic Village and Broadway selling between 90-110k with rents up to $1,800+, but just really depends on the types of neighborhoods you're investing in and your risk / reward threshold. 

The more you have saved, the more options you'll have.The road won't be easy, but it will be rewarding in the long term.

The risk reward return is not worth it.

Great post @Don Miller , we have spoken about this situation before and although frustrating the reward will be worth the wait.

On top of that if you use credit card and float your money, you have an extra paycheck or two to use that money to pay your debt, if that credit card give you rewards then you get free money from that credit card.