What is the average spread in the market(s) you are in for flips?

Always recommend local (or at least some level of boots on the group).

Learning to manage locally is trial by fire. 

Miami Rental Market Update: Rents Drop $200 as Affordability Remains a ChallengeMiami has officially ranked as the second-most unaffordable city in the U.S., but there’s some good news for renters: local rents have dropped to a 3-year low, with decreases of up to $200.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Each property is unique, requiring specific renovations and compliance with local regulations.

Can you do this where you are or do you need to look out of your local area? 

BiggerPockets does have a marketplace where you can list properties, and you may also want to connect with local real estate investors who specialize in house hacks.

One thing I’ve learned in land acquisition is that the approach has to change depending on the market.

Now I spend my time making sure new investors entering the market do not make the same mistakes my wife and I made.