The aspect of buying and selling without the headache of repair, remodel or tenant issues is what I find the most appealing. 

@Brody VeilleuxTo maximize returns on multifamily housing, focus on mid-grade updates, amenities, curb appeal, utilities, exploring additional units, creating flexible spaces, and refinancing with a value-add record.

I have not bought from auctions due to the horror stories, but I have to be honest when I say that some of the prices on them make damn appealing. 

You could also use tile - though not my personal aesthetic choice.

The sooner I get this paid off, but sooner I can go back for more and it will look more appealing to other PML

I managed it with spreadsheets and notepad on my phone only and used no accounting software the most part.Would you guys find more use in a service that replaces hands quickly or just having an app on your phone and computer to manage your flip projects that's visually appealing and easy to scale with?

Thanks a lot for the replies @Chris Mason and @Gregory SchwartzOur lender said we can do a bridge loan but its around 11%.. id bring in 20% downpayment max, dont want to put too much personal assets into it and the issue is for yr1 w low rents and renovations its def a monthly -3-4k loss. def want an 8% or lower rateNot sure if lenders are ok with an initial cashflow loss, once its renovated we can have market rents and its a great deal after. it listed at 1.495M and we'd offer 1.2-1.25M. i understand the living in part doesnt necessarily bide well with investment focus, but for us thats a big appeal that its in a nice area to even live in

Purchase price: $625,000 Sale price: $700,000 I’m excited to share my recent experience with a wholesale investment in a single-family residence located at 875 N Michigan Avenue, Chicago, IL 60611.After purchasing the property for $625,000, I focused on strategic renovations that enhanced its appeal and functionality.

Personally, now that I’m middle aged the thought of continuing to share my living space with roommates has lost its appeal.

I also see where you’re coming from regarding the no state income tax—it can sound great, but when property taxes offset any savings, it loses appeal fast.