I just found out today that my current deal which is supposed to close this Friday is subject to the FHA anti-flip law because the purchase price was less than half of the sale price to the current buyer.

Hopefully neither of you have allergies or sensitivities which can make things worse. 

This is an anti jump-and-dump rule.

Originally posted by The ANTI-Guruâ„¢:Originally posted by Jeff Z:I was just curious, if the experienced investors here had to start all over again, right now, and were able to know everything they've learned along the way, how would you go about beginning?

I am very anti-guru.More than you need to know is available right here, just watch who you listen to.

Rent increase=anti-inflation. 

My goal with real estate is not to quit my job (I love my career in medicine and plan on sticking with it), but rather to supplement my income.

Most can't get past bullet point #3, which is where theory (all the things you love about 203k in theory) hits reality (reality: listing agents hate dealing with FHA 203k and most will "anti-sell" your offer by telling their sellers to throw your offer in the trash).

I give up...t this point I'm just hoping the Anti-Speculation Tax doesn't come to fruition.

There are plenty of folks on the forums who are anti-turnkey, but you also want to evaluate it from several positions:1) You have a W2 job and don't plan to quit it to do full time real estate.2) You have no connections whatsoever in a marketplace that you like.3) You want to avoid the cost and time overhead of linking all the pieces together.Well oiled turnkey operations do make their money up front.