So the same investment that one investor thinks is great will look terrible to another and vice versa.I'm a conservative investor and so I require my real estate sponsors to have full real estate cycle experience (with little to no money lost) so they're not learning expensive lessons with my money during a downturn.

Lessons learned?

BIG LESSON: Know what borrowers are capable of doing when in fear mode.

As a well educated people I decided to wait for the break...I talked people into not doing the 25k course hoping I could save some lives...Lesson learned: ALWAYS look at reviews on the internet.

"What is the biggest lesson you’ve learned about managing risks in flipping houses?"

Lesson learned - do a better job screening your tenants...Consider investing in greener pastures (landlord-friendly states)

Quote from @Walter Robinson: My 7 year old idea is to enroll in Karate class , Continue his Swimming lessons and play more Chess .

Lessons learned/things to avoidThank you again Whatever you do find a independent boots on the ground person that's not tied to the realtor, contractor etc

I’d love to hear from anyone with experience in this space—success stories, lessons learned, or even things to watch out for.

Big lesson learned there!