It is easy to spend thousands of dollars in marketing and have nothing to show for it.

What you want is, as they say: relatively simple, but not easy.

Not an easy thing, but saving 20% or more on the cost of a new home seems well worth the time and effort if you ask me.

I detail here how my first flip essentially bankrupted me which resulted in this house losing money as well.It’s easy to blame others for all that went wrong.

Do we go with the electricians recommendation and eat that cost to get the upstairs unit properly heated?

@Ella Marie the Pro's are you can build long term wealth, the Cons are you can lose money if you cannot properly quantify risk.

Huge markup.Most people choose to do things the easy way.

Definitely screen properly and don’t cut corners!

It is surprisingly easy to manage out of state and if you want more tips on how, check out Bigger Pockets book "30 Day Stay" on Mid Term Rentals. 

Quote from @Joshua Alcantara: I’m looking to move out of the current "red ocean" of real estate wholesaling and focus on helping sellers with problematic titles, such as liens, divorce issues, probate, quitclaim deeds, etc.All my previous high-value assignment fees came from working with sellers who inherited properties without a proper deed.