How do you minimize these factors?

Another plus is that I now manage a lot less units, so PM is minimized.

Here are a few tips to get you started:Start Small: Consider starting with a smaller investment or a property that requires minimal work.

Here’s what you should do next:Check the Lease: Look at your lease for rules on early termination and notice periods.Document Everything: Take photos or videos of the property to document its condition.Send Final Accounting: Prepare a final accounting of the security deposit, showing any deductions for unpaid rent or damages, and send it to the tenant’s last known address.Re-rent the Property: Start looking for new tenants immediately to minimize your financial loss.Consider Legal Action: If the deposit doesn’t cover what they owe, you can take them to small claims court.Keep Records: Save all communication with the tenant, like texts and emails.Get Legal Advice: Consulting a local attorney who specializes in landlord-tenant law might be helpful.Best of luck getting this resolved.Carlos

You're all excited about certain properties and they get pulled/paid/delayed and not available for sale on auction day. 

There are definitely ways to approach this with smart home tech while minimizing complexity for yourself and guests.

But if you think your going to roll 10k and have minimal reserves U are taking on a lot of risk your simply not aware of today..

Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.

I would recommend starting with something fairly small and close to turn key or with minimal renovations required.

You minimize your risk of being over leveraged, and barely making ends meet with the rental income.