Once you move, you'll have to hire someone to manage it for you, which will eat into the income.

Food stamps, which poor people don't get ahead from the food companies do, and gives the US a population that is to fat to produce an Army. 

But keep in mind that things like closing costs (where you have to close twice - once to buy the flip and once to sell it) may eat up $10k of that profit before you pick up a hammer to repair something.

Eating healthier, working out and making the right choices.

I think many of us use hyper-consumerism as a means of validating our self-worth.We NEED to upgrade to a new cell phone every year, we NEED to take expensive vacations to show our friends how fun our lives are, we NEED to purchase the more expensive car, we NEED to eat at chic restaurants and document the experience all over our social media.

Obviously a high interest rate could eat into your investment.

Especially since I was working with a lot of developers in Miami who wanted fat spreadsheets of 5 condo buildings in a market (each one could have 500+ units!).

For those 2019 properties, even if they have fixed rate, long term loans, when the loan transitions from Interest Only to Amortizing, that can eat a lot of cash flow.  

The things we do the day that falls in between (Tuesday) are tax deductible for my wife and I (1/2 of eating expenses, going to the movies or a baseball game etc.)On Wednesday, the other meeting day, those expenses are deductible for my wife and I because of the meeting.  

This is tough, eats into your margins and normally you'll pay more on your first few projects developing the relationships and it'll get more favorable to you over time.- ACTUALLY does good work.