Just remember, it's a challenging journey that calls for commitment, determination, and a mindset that's open to growth.

Maybe the biggest "risk" might be the fact that you cannot occupy the property at all so technically if you run into hard times and need to move into the property thats not intended - but no real more risk. 

Challenges?

It was a challenge to take down back then, but thankfully, there are many more resources available to do so now:As AAPL members, we are clients of Allure Security with a free subscription.

However, in my experience, those who rely exclusively on this strategy can face significant challenges.

The original post leaves the door open for a challenge by the IRS, so the safe harbor of holding it for investment for two full years is the safer option.  

You can find decent SFHs in the $150k-$180k range that can cash flow if you buy right.The challenges?

Are we technically serving alcohol? 

Investment properties prove to be more challenging, but not impossible when titled in your own name.  

Technically it would be best to get a C Corporate or S Corp. to flip properties and since you are considered a dealer if you do several properties a year and this could have negative tax consequences in an LLC.