@Lia Veit  Maybe Try joint venture for the first few flips with investors on this board whom you can meet at meetups and then you can have better idea of how REI works

For me it was something akin to what a venture capitalist looks for.  

I just feel more comfortable to start manage nearby homes to get comfortable before we can venture to out of town places.Maybe this way of thinking is not even the best approach to start out the investing.

JV (joint venture) with someone to show you the ropes and then split the earnings 50/50.  

.- Use tools like the BiggerPockets mortgage calculators to see how different interest rates and loan terms affect your cash flow.If you have more questions or need further guidance, feel free to ask Good luck with your duplex venture

s and If you ever venture into the FL market contact me! 

Some lenders might allow you to add renovation costs to the loan to help you finish the project and avoid a loss.Explore Other Financing Options: If your hard money lender isn’t flexible, you might consider private lending or even a joint venture with another investor.

That sounds like an exciting venture!

When I first ventured into the Austin market, I teamed up with an experienced investor who helped me fine-tune my analysis skills.Remember, everyone starts somewhere, and the best way to learn is by doing.

Non starter for your venture..