Juries are notoriously unreliable.  

The risk is very high.The county department of building is notorious in delaying the building permit, meaning that it's quite possible I can't even start the work for the first month or two, waiting for the permit to be issued, (no electricity in the house yet).Anything else unexpected which causes money will impose more risk on the weak financing.My question is: Should I pursue this flip?

Lenders are notorious for canceling loans at the last minute for reasons like "We didn't know this was a tax sale property" You may be able to do this with a hard money loan or private lender if you want to do it as an investment property.

Good example is although Roseland has a notorious reputation, it's also home to a large amount of middle-class, college educated black people who take pride in ownership - and these areas have low crime rates.  

My apologies for this but philosophically speaking, only the insecure companies that lack performance would get upset and their panties in a tangle over my post lolFacts are factsPoor online presence with amateur websites.Poor online reviews from landlords and tenants.Even jail time for committing government fraud.Toledo has seen quite a bit of these shady operations over the years and is notoriously known for some bad actors.For example, just going through a scenario now where a landlord is transferring 10 properties to us from an "established" PM in town and they are providing us with wrong tenant info and aren't paying monies owed to the landlord...And these guys are "born and bread" locally and have been in the PM business much longer than us.Off the top of my head I know of 4 such PM companies in Toledo.When someone wants to leave our PM company, we happily and quickly abide to any request made.If you can find and do better elsewhere, who am I to stop it.I have the same mindset not just in business but in personal relationships.Not saying all are incompetent and I believe the newcomers to be genuine.But standing the test of time will tell.Here is to a great 2023 for all 🙏Wishing everyone much success 

For example we have pockets in our region that are notoriously bad for foundation issues, often due to being near rivers and more of a flat plain type terrain that allows water to pool and further cause settling issues in our already too moldable clay like soil.

When it comes to Philly, Chicago, Detroit, and other big metro cities that have notoriously bad areas then most lenders might require flipping experience in that market before they fund. 

I would make sure to get a rental history on any tenants you inherit and I personally would recommend against buying from the most notorious slumlord in Allentown.

I don't think you have to worry about the insurance aspect since AIR is notoriously bad in ever paying out anyway (although I hear they have a new program).

., etc.Obviously, NYC real estate is its own beast, and what works in many other markets isn't feasible in NYC. ...NYC is a notoriously difficult market to operate in, particularly for a beginner (and even for a pro)...I have quite a bit of real estate investing experience, but I'd be pretty intimidated to try to break into the NYC market (that doesn't mean it's impossible, just that it's probably a lot more challenging than many other markets).One thing I've found is that success in real estate investing often requires sacrifices (especially when you're starting out).