If you do nothing more than post your potential deals here on BP and listen to our feedback, it should be tough to lose more than $30K flipping houses before you learn the business.

It lacks good standards for entry and results in a lot of noise from potential renters and messenger I not something I normally look at.

It is a 3BR, 2BA single family home with attached garage and full basement with potential for at least 1 BR to be added downstairs.

I hear ya, it is the first new potential asset class that has come along in 400 years.

Market exposure- what is the existing density of the rental units, what is the potential existing market, what competition is coming online?

Hoarding becomes a violation when it presents a fire hazard or other safety issue, attracts pests, or potentially damages the property.

Maybe get your debt paid down, get your first deal, get some savings built up, then reconsider the potential change. 

I have found impressive opportunities for flips and while searching for capital investors I am wary to shell out too much information on the project in fear of the potential investor taking my ideas and running with them. 

You get to make offers on your own and potentially save on buyer's commission.I wouldn't recommend if you already have an active income that is serving you well because it would be better to invest time in that endeavor if that's the case.

As private money lenders, protecting your investment starts with careful borrower vetting. Here are some key red flags to watch for:
🔴 Lack of experience: A borrower without a proven track record in real estate proje...