I can offer some heavy experience on the flipping side as it pertains the pitfalls and what to expect there. 

The cash flow seems amazing, but I want to waste of any pitfalls that I’m missing.

Any thoughts or pitfalls to be aware of?

There are several threads about the pitfalls of BRRR.

Curious if anyone out there as something bad to say about BRRRR or did not have success and has some experience on some pitfalls to look out for before starting?

There's pitfalls to avoid along the way.

Very well-said @Daniel A.A huge pitfall I see with beginner landlords here is they just want to use someone else's "standard" documents, but there is never one perfect/ideal standard that works best in everyone's situation.Start with a template, sure, but build it to your situation and also to your desired procedures.

Are there pitfalls to renting out condos and does anybody even rent condos?

Any feedback or pitfalls to consider would be greatly appreciated at this very stressful time.Thanks!

Any common pitfalls to avoid when house-hacking a college rental?