We've only had to turn one of them into a rental (the first one), and in retrospect, we pulled the trigger on that WAY too soon...had we left it on the market for a few more weeks, we would have gotten it under contract (most likely).Having the possibility of a cash flowing rental as your backup plan is a great idea...will definitely help you sleep better at night.That said, if I ever have a flip gone bad, I'd likely sell at a loss before turning it into a rental.

They have to be someone that can pull the trigger on both.So can anybody throw out some numbers of the most expensive foundation estimate they've ever heard of or seen?

The key is e prepared to pull the trigger.

I know it sounds harsh, but truthfully you aren't in the business of lending money or extending credit.

Why would every offer I put it trigger a multi-offer scenario?

Take your time and educate yourself, then when you're comfortable you can pull the trigger.

Hopefully those areas trigger some keyword alerts.

Find something that sounds like it makes sense, run it by everybody and their brother to vet it, and then pull the trigger.

So just do your best and pull the trigger!

To answer your question related to challenges getting started flipping homes, the biggest one is having the confidence to pull the trigger.