Run your comps and be prepared to adjust a suggested price based on condition, layout, and other factors.

And then do it again.It is actually possible to have a super experienced General Contractor, a very deep pockets money partner, and still lose money on a flip.The most common reason, in my experience, is having a project run over schedule and placing the property on the market during the off-season.

I agree with the notion that one needs to define his or her goal with regard to real estate and making a living of real estate alone would require lots of it, but cash flow for the long run is almost inevitable.

Have seen owners of condo's and co-op's get into trouble running an AIR BNB out of a co-op.

Many investors don't realize they've agreed to dump more money into the syndication if it runs low on cash (capital call).

I remain optimistic about the Amtrak line heading through the Poconos up to Scranton from New York. 

Just run numbers in a BP calculator.

You can rent the space to an entity that is looking for more space (passive, less scale) or you can run your own sober house like Devana does (way more management, way more scale).

U may have a run of a few years..

I would be happy to run some properties for you through AirDNA if you have a few in mind that you are vetting?