I have no doubt he can teach people how to do Burrrs and flips that are very profitable but of such low quality that it puts a stain on the industry.

That has become nearly an industry standard in the lending space. 

Just my $0.02 working in the industry.

With 40-60K in equity you could explore selling to reinvest but it depends on what deals are out there compared to yours

For example, avoid wasting time comparing new construction with sun-soaked windows to basement units with stained drop ceilings.

Just take what you get for free, which is an Airbnb listing, and just put the best most spectacular pictures you possibly can on there and after you’ve done that, go back and look at your listing and try to think of ways to make those pictures even betterI think that’s pretty much the formula to success in this industry.

I am completely new in this industry but I am wondering how hard money and private investing works for flipping.

Since I'm based in Tampa, I don't look outside and compare markets. 

The issue is our land value is high, so the structure value is low compared to the overall property cost. 

Duplexes cash flow better, have less risk, AND EASIER TO MANAGE compared to a SFH.