That makes a big difference in the answer to what Charles eloquently referenced regarding confidence in your ability to close. 

Most land bank properties, Detroit or Wayne County, are trainwrecks and cost more to rehab than they are worth - unless the market keeps improving.Be careful on the next one, but keep improving Detroit!

I picked up the BRRRR method book and feeling confident in setting it all up (we did a similar process for our Airbnbs).  

Their plan is to raise rents (on the poor remaining souls, improve infrastructure and exert some sweat equity. 

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Thus, my main goal joining this forum is to try to gain confidence in the decision to get into real estate investment and better understand the risks that I may not be considering due to my lack of experience in the field.

That's why it's important to be confident in your team so you feel like everyone is working together towards a common goal (good investment for you, agent gets paid for their support). 

A post on recapture.People are concerned about recapture when they cost segregate their improvements and for good reason.Recapture is real, and those deferred taxes will need to be paid.But fear not!

If you're confident in the flip and have a contingency buffer, a HELOC can work.

Hey @Bailey Rentz, I'll say that we use QuickBooks Online exclusively for all of our Clients and they are constantly working to improve the bank feed feature and specifically the connections.