It will help you immensely if you already know people who can help you get into your first deal when the time rolls around.

If you’re in middle TN I have some resources in the HVAC world that would help you immensely.

It's pretty straight forward especially if you're familiar with RE.You just need to learn the best way to find deals in your market (which I assume you're already doing since you're flipping) whether through driving to find them, targeting pre-foreclosures, distressed houses, tax liens, divorce, probate, etc.Subscribing to a property app like propstream which is about $100/mo, helps immensely as a huge time saver and gives a ton of useful information.

Think of how you could get "low season" business which could help your bottom line immensely.  

I believe I would enjoy that immensely!

@Cornelius Charles Thank you for sharing your immense success story with us!

Similar to the stock market being developed in the early 1900s, it is  still the wild Wild West in this space and many believe in the immense potential of this technology to improve the world.  

Taking into account that cash on cash is usually zero the first year is not something that I originally considered; so, it will be immensely helpful to know this before going through it myself (and freaking out). 

The interest rate to purchase a property has no bearing on existing properties, except maybe somebody fool enough to get an adjustable rate and not refinance before the adjustment hits (coz it never adjusts downward).What will make rental rates drop would be a immense influx of rental properties to increase supply, like 20% of homeowners move to a different state and rent out their old dwelling.

You lowered my stress immensely by looking at this from a simplified business perspective.