The truth is, fix-and-flip investing is an incredibly rewarding endeavor, but fully lined up with pitfalls that can easily turn your dream deal into a financial disaster.So, let's break it down:The Good: Why Fix and Flip Can be a GoldmineHigh Profit Potential: If done correctly, flipping can yield 20-50% returns-or more-in a few months.

Be sure that person who referred you is in a similar financial spot / need.

I would think a lot more about the financial part of this.

For an REI CPA, I'd recommend @Joshua Thompson who's based in Dallas, or Sydney Shaw for S&S Financial in Kansas City, MO.

House hacking is financially a no-brainer and no city in the US (including Chicago) has more duplexes than Milwaukee.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

I encourage you to define your financial goals, as real estate presents numerous possibilities.Building a strong foundation of knowledge and connections can significantly impact your success in real estate investing.

Improve your credit and financials so lenders are willing to take a chance on you.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Still, if you aren't whittling down the number you are analyzing financially to a small subset you see before deciding what to do, you are missing an essential part of getting to the tipping point of expertise in your field.