I have never done it, but, I am optimistic that in my state and the cities I am looking to invest, that I will be able to self manage at least 5 properties, or 10-15 doors successfully, whichever comes first.

Since the paradox assumes the donkey will always go to whichever is closer, it will die of both hunger and thirst since it cannot make any rational decision to choose one over the other.I have similar thoughts looking for other markets.

ElizabethIf you do not have any prior rehab experience (your first deal), we can lend up to 75% of purchase, or our estimation of as-is value, whichever is less.  

I assume some will not loan over 70-80% of purchase price or appraisal whichever is lower period. 

Also, flat for ceilings.For several of my high end homes, I have been using Benjamin Moore which has some colors that are a bit better and higher end than DE.For standard homes, whichever paint is a good price works, I would typically use lowes or HD paint and  color match from DE.

Either way, best of luck with whichever strategy you choose and if any good flip properties come across your desk, I'd love to know about them!

As someone who knows Louisiana, I would advise against buying anything in this market in the 20k range, except in some rare circumstance.With your 20k, I think a good strategy would be to plan to use half as a DP on a duplex or 4-plex, whichever your market will allow, to go for the well-known house hacking strategy. 

Whichever one was willing to work with me each time.

I wanted a guarantee if it does not Flip for the targeted profit I would receive 5% Interest per month on the Hard Money UP TO a max of the Flip term OR 50% of the Flip profit minus costs, whichever was greater.  

You have no obligation to pick one over the other and should not be concerned with which ever one you choose.