Even flipping or wholesaling will still take some significant systemizing and scaling to reliably do $200K/monthPeople can "tell you" all they want, and anyone can sit here and speculate what is and isn't the best way to get rich or wealthy. 

A home in an up-and-coming market is sitting for 6 months?

Better yet avoid pipe threads if possible, do not recall ever having pex leak.

Otherwise you are just getting a juiced return and sitting on too much loan leverage.

Anyone who instead attempts to buy me Coffee so they can sit down and "Pick My Brain" is immediately placed on the "I hate this MF list."

Maybe that means a barbecue with friends, or going to a movie, or just sitting alone and listening to music.

They are sitting pretty awesome now with those 10 year loans.

I could, in theory, just keep some money in savings to float these costs, but I'd really rather that money go to buying another property instead of sitting their floating money to pay contractors.

We all make mistakes, don't sit in your sorrow.

You sit and you wait....With new construction waiting isn't as bad a renovation because your holding cost is around a 7% rate, where as a renovation you are probably on a hard money loan at 12-15%.