Hi @Jonathan Twombly, Thank you for the information, I am also looking around outside of nyc, Albany also in our monitor list. 

@Nehemias Ponce It's not a requirement to monitor it -- there are automated tools like Lending Robot that will buy the notes for you within seconds of when they're released.

I happen to notice many forums from successful investors using brrrr from Texas lol I have it on my keyword so im always learning and monitoring the brrrr from all the forums .

I'm using Mint to set budgets and monitor all my spending. 

So from this I've learned that no matter how comfortable I get with a contractor, I need to constantly be bidding out jobs (admittedly I was getting lazy on this part) and constantly on the worksite monitoring quality. 

Places to find that information would be the Census Bureau, The Bureau of labor and Statistics, The Milken Report and the Glenn Mueller Market Cycle Monitor.

I have set up my key word search and have been monitoring new posts.

As long as you monitor your expenses and keep a positive attitude to keep plugging away, that is key. 

In my newbie opinion, at least in the areas that I monitor, in order for a flipper to make good returns now, the MLS retail price of homes will need to continue to appreciate another 15-20% within the next 12 months.

When it's time to sell, doing the rehab/cleanup, etc.. is a pain when you are depending on some third party to do it, and monitor the work.#2  Passive vs. active.