In fact if you disagree with some of these comments, I would highly encourage you to reply to them with your own experiences and opinions as well. 

If looking to scale flips and create systems around it to minimize your time and involvement, I'd highly recommend putting a team in place that can handle the day to day operations. 

One of the reasons most developments have Mello Roos is that cost to put in all the public improvements are so high that it will stymie growth if the developers have to front it all.

No one will accept an offer like that (for future costs being too high) and if they do, there is an issue.

Lower your price, not your standards.Your house is either priced too high, or it's in an area that's undesirable to good renters.

Its flexibility as a high-yield short-term rental and potential long-term rental ensures strong returns.

This reserve amount represents roughly 2–3 years of projected repair costs, which might be a conservative approach, but it gives us a buffer for unexpected, high cost repairs when they pop up.With a larger portfolio, the reserve pool wouldn’t need to grow proportionally, as funds and repairs can be balanced across properties, allowing costs to offset each other over time.

The interest rate on a HELOC is usually higher than a normal 1st lien mortgage, but I am seeing some cases where HELOCs are in the 6's and 7's (where credit score is high and LTV is 65% or lower), which make them pretty comparable. 

He comes highly recommended and I have spoken to him personally and feel comfortable moving forward with him. 

My closing costs were non-negotiable with the seller since I bought new construction, but I would highly recommend upping your offer to talk down the closing costs; use leverage to your advantage since you are young.The funding fee can be complicated and I cannot speak on how it works exactly.