Fortunately, the rental rates and additional income projections were sufficient to justify the costs, so we marched forward.Throughout the diligence process, we were also assembling our development team.

Hi BP, 

After graduating college and reIocating to the Twin Cities about a year ago, I recently just landed my first duplex which I am about to begin house hacking this upcoming month. With the details of this firs...

Here is the completed assembly of the SIPs.

He knew all about the floodway, but was assembling acreage with the thought that the county would not allow this prime acreage to be nothing but flood control property. 10 years later the county did build concrete aqueducts to handle runoff and he was able to sell to a major builder at a very nice profit.

The biggies include the lack of control over the properties as a Sponsor (not you as the owner) will assemble a team of professionals to run the properties. 

I go over there and discover the upstairs bathroom vanity's drain is leaking like crazy, the water is just gushing down.I disconnect the P-trap and pull down a bit on the drainpipe, and I am able to pull the whole damned drain assembly out the bottom of the vanity.

Spend some time assembling a good team so that you'll be ready and also network with local brokers and investors in your area which will help you land a good potential property to flip. 

Time is money in flipping, and if you are spending time assembling your team during a flip you are also burning money. 

Time to assemble the team and break down some deals !

Here in Nevada, the Democratic Assembly leader mentioned the coming avalanche of rent defaults, A crisis of their own making, as I opine.