After renovating, I updated the interiors, addressed exterior issues, and enhanced the overall appeal.

So far, I haven't had any issues renting my unit.

I chose this area for two reasons, the first is that the South Gate Entrance has the least issues.

Creative Freedom: You get to design and transform spaces, which can be personally fulfilling.The Bad: Where Flippers Lose Money⚠️ Underestimating Repair Costs: Surprise structural issues, contractor delays, and material price spikes can kill your budget.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?

If the drywall cracks in the next year or two, or the doors start to stick, then you likely have a larger settlement issue going on, and will likely need to call a foundation repair contractor. 

Our main issue is these properties are owned in an LLC.

Depending on the severity of smoke damage and structural issues, it could be a huge challenge for first time flip.

Ultimately would you say our case is more so with the inspector for not letting us know about the exposed wire and not so much with the agent and the cosmetic issues?  

They were abandoned and needed significant work which wasn't a huge issue but in terms of HUD owned properties i heard there can be significant processing periods.

And while that number varies somewhat, the most common number of different issues that minimizes risk is 21.