Check the number of bedrooms and bathrooms, aiming for at least 3 bedrooms and 2 bathrooms, ideally 4 bedrooms with 2 or 3 bathrooms to offer flexibility, with one bathroom potentially dedicated to the in-law suite/ADU.

And give him the greatest flexibility on how he times his ultimate exit to his best advantage.

Most of our clients use a DSCR loan since they are generally very flexible and allow for a quick and easy exit.

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Between hard money, HELOCs, cash outs, unsecured and secured loans, you should pick whichever gives you the rate and flexibility to get the next project done.

Personally, I would like more flexibility in compensation as it often could make up the difference in parties reaching amicable terms.

Now I just call or text agents and say hey, I'm a flipper, before I spend time and travel to go look at this listing, how flexible are your sellers?

Margins are already thinner than they used to be on flips, and, especially, as you are learning, taking risk out by putting more cash into deals buys you a little flexibility.

In large part due to experimenting, but being flexible and ready to pivot at any moment really helped us get this done!

Both long and short-term rentals are permitted, which would give you a ton of flexibility, especially if you'd like to come down and stay a couple times a year.