Quote from @Anthony French: I’m relatively new to real estate development, having completed only one fix-and-flip project.

Flips or rentals?

Investment Info:Single-family residence fix & flip investment.

I just got done analyzing this property with the Fix and Flip Analyzer.

If so good luck on the flip!

to your point, if you save up so that you're in a strong financial position, house hack a solid duplex in a decent neighborhood, make smart decisions, and hold it indefinitely, you'll be fine.conversely, if you have $0 and somehow start out with a risky flip, or borrow $20K and spend it all on a magic mentoring program, or buy a terrible property in a neighborhood you've never been to, you may not be fine.

In answer to your question- Yes, I hope to buy and hold here and flip when possible.

to be honest, on my first flip...

I can handle about 80% of the work for a property flip.

With new regulations in Canada like the flipping tax and property gains tax, I want to be mindful of the risks involved.