The most successful people that I have heard on podcasts and met in real estate know that it is all about getting a single here and there and then going to get a homerun while doing those singles.

And the split is whatever you decide on. 50/50 is what a lot of people usually do.

Is this 1 flip where you're going to lose $20,000 and never touch real estate again? 

I'm in Phoenix and obviously you can see that there are so many people moving from the west coast states out here to a cheaper and better weather market.

Also looking forward to meeting any local wholesalers or people living out the house hacking dream.Thank you to @Scott Trench for leaving a great how-to on introductions!

As those prices fluctuate, there is a builders somewhere putting his feet up waiting to see a market turn more active because the last thing he wants to do is start paying crews to build houses, that could drop in value while he's halfway through the build process and losing equity halfway into the project.

This comes from several data points, the first being the average age at which people are choosing to stop renting and buy their first home.

Ideally they did not pay over retail because if they did they could easily lose the money they put into the property if the loan gets called.  

We always want to help if people let us.

A lot of people tend to overcomplicate it.