Should you decide to do this full time and do more than 1 flip at a time, private lending and fix&flip loans will be the way to go.

Pensacola is a great market for investing and the number of properties available right now is up so there are actually some on market properties with potential. 

First, all properties that appreciate the appreciation is based on the property value, not the equity. 

I've personally done just about every rehab scenario, properties I've lived in, properties bought as investments and even properties bought at auction.You've gotten good advice from folks on this list.

I've primarily worked with single-family residential properties in Albuquerque.

House hacking and multi-family properties are great ways to start in real estate!

If you decide to sell and find an investment property with a greater cash flow potential.A 1031 exchange would allow you to indefinitely all of the tax and use it to your advantage to reinvest into larger nicer property/properties.

The stabilized properties operate fine without me but the development side of the business requires me 24/7.

I worked exclusively in STVR property management on the island and currently work in long-term property management servicing the West Metro (Minneapolis).

I used it to track several properties.