To get started, I have recently been on the pursuit of finding out the pros/cons of fixing & flipping different property types.

I have a plan and I'm ready to be persistent in fulfilling it.I've focused my knowledge pursuit to buy and hold real estate investing. 

@Devin Marlowe I'd probably walk at this point ... you can always poke at it later.If you are intent on pursuit, you could make it a condition of any offer that all zoning, work order and code compliance issues be resolved prior to Close.Now that you have had this discussion with the City and, I presume, conveyed the information to the Vendor and his agent {hopefully you asked the City to put it in writing - to help you keep the list straight.  

You expressed an interest in flips and as such I added the below link.http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)To be more successful, you simply have to work on the other elements to progress your REI pursuit.

Hoping to get some  feedback please and guidance on what steps to take next, since I have my first Rental... just need to know what to do next ( another Rental or to do a Flip ) , so that I can continue on in the pursuit of building up a portfolio of Rental PropertiesThanks for the help everyone

Best of luck with your pursuit. 

Long-term investors are showing persistence and agility in the pursuit of multifamily assets, probably at lower-than-market value.

Where are you in your real estate investing pursuits?

To be more successful, you simply have to work on the other elements to progress your REI pursuit.

To be more successful, you simply have to work on the other elements to progress your REI pursuit.