Apart from the what's already mentioned, I would suggest being extremely thorough in your underwriting (esp. at this stage of the cycle) and having a finance partner who can take care of all these things in detail. 

And if you do get a fat fraction of income from your investment then it really doesn’t matter all that much what your interest rate is because you are paying vastly more principal than interest — if as I say you use all your excess income to pay the beast off ASAP and bring on the happy time known as the milking period when it is all yours.Banks are funny business partners.  

Greetings,This case may possibly be one of those classics, but doesn't seem to come as common, so I'm asking for posterity:- I have an ongoing flip in terminal stages backed by an 80% rehab interest-only loan due in 3 months.

Wake up and go to work.Work from 7 - 4.Counting down the days until I'm 48.Get home and jump on the trampoline with the kiddos.If we're building a house at the time and it's at the finishing stages, go back to work.If we're painting cabinets for someone, go back to work.If we're making concrete counter tops, back to work.Right now we're getting back together after Harvey, so back to work lol.If not, play some guitar, listen to my oldest play guitar or piano or take turns with the kids doing pull-ups, maybe watch a movie or go to dinner.If I have receipts to archive, I'll do that later or make a change to the management program I wrote if I'm feeling ambitious, or watch the tube.If it's Friday (summer time) sometimes spontaneously book a hotel in Uvalde and go float the river. 

I just heard about this meet up in Marysville, they have an event on Facebook that I've signed up for, so I'll be attending on Jan 22nd.We're still in the early stages.

@Travis White - We have multiple flood properties in different stages of getting rehabbed.

I'll need photos of beautifully lit, and well staged home.  

We are planning to list around 360k per house and will likely stage them, get a full set of photos, and a drone video that i'll be happy to share.

Ive never done blown in on exterior walls (though I do have one home from ~’46 that definitely has it) just because it settles and in the cold here it sucks, you get a ~20*C spread from top to bottom on a 9’ wall.I mentioned using it as a feature mainly because if you’re trying to maintain some of the character of the time period you may be able to make it work but if for example you’re turning this into a modern designed / staged home exposed planks may not really fit in.

I think there should be different stages to the meetups - newbie investors (0-5 deals done), intermediate (6-20 deals), then advanced (20+ deals)...or something like this.