It is a great way to supplement your normal income and generate cash flow while getting property value appreciation (if you pick the right markets)! 

I'm looking for my first flip, so naturally I'm a bit nervous about holding onto a property.

We'd be very happy just to break even.We had a bunch of initial expenses - lead testing revealed we had to replace all the windows and the oil furnace died so we are in the process of upgrading it to natural gas.

My supplement to that downtown LA status report, would be the lower standard of living =Li thought there would be less apparent homeless roaming around in downtown LA than NYC.. not more.

Project UpdateWhen we bought the house 1 of the units had natural gas heat and the other had electric. 

I have used this one to very nice affect:http://www.glidden.com/Color/Paint-Colors/Yellows/...In large rooms with plenty of natural light, it comes off as a nice creamy and surprisingly neutral color.  

Is there additional supplemental insurance you can purchase as part of the homeowner's insurance policy?

I'm seriously considering sending out "three option letters of intent" to supplement my yellow letter marketing.

The problems here run deep and are systemic and fundamental in nature.  

My plan is to use real estate to supplement my income and advance my potential retirement date.