I'd rather learn from other's mistakes.

That's mistake #1. 

I just purchased my first property in Forth Worth to flip and I am based in Houston. I Worked with a realtor I met on here and they confirmed the property was vacant before closing, the title company also confirmed th...

Billing problems are between the tenant and the service provider, I don't want to be liable for extra charges or billing mistakes.

I made the mistake of not touching my 457B for many years.

THE MISTAKE however is that most people think that it just means finding something that is easily seen at face value.. for example most think that it's as easy as seeing a 3BD/2BA listed at $200K where every other 3BD/2BA is $300K, so that's what they keep looking for... it's rarely ever that easy and if it was.. you whould have tons of competition if it even stayed on the market at all!

Biggest mistake of my life was not holding 50 or so more of the 500 I flipped, HUGE mistake 

While it is expensive, it more than makes up for the headache and potential mistakes that one would make from doing it on their own.

We made that mistake on our first one. 

Active = Buy, fix, flip, learn from mistakes, repeat, don't make same mistakes.Passive = Buy, hold, buy more over time, never sell, collect cashflow (If investing out of state, you could consider turnkey.