I'm not making something work that is pieced together and, in many cases, just easier to completely redo. 

To me there is a distinct difference between the two. 

I have read, watched and listened to most every piece of content I could find on this topic and I am just not seeing much downside and am seeing a TON of upside.

The enclosures are 3 piece that are cut on the property to ensure a proper fit and so on and so forth.

Or could he purchase 4-5 single family residences for 300k a piece?

Thank You all for your input on these two pieces of software.

Once I run out of money, I can partner with others with capital and I can manage the deals for a piece of equity and fees.

@Andreas Mirza There are two distinct NPN markets in Chicago, residential and commercial.

I do have a question though; I am just starting out and I would like to know is it necessary to have a good piece of change doing my first flip?

What you pay with labor will depend on if for instance one of my units still has a good pad and tack and strip then I just pay for carpet and installation cost.What you will pay will also depend on how much you are installing at one time.I don't like Berber for rentals.The design of the loop once it starts unraveling it can unwind pretty good an dis harder to get certain stains and pet stuff out of it.With carpet you want a Nylon carpet even if the cheaper version.Some carpet guys will try to sell you the rubber composite carpet stuff which is the really cheap stuff so it will stand up to tenant abuse.The problem is it can only be cleaned usually up to one time and then you need to replace it again.So I would rather get a cheaper nylon that can be re-cleaned many times over after installation for an additional .10 to .15 a sq ft extra than the super cheap stuff I will have to replace again.If you get 1 sq ft for carpet,pad,tack and strip,and labor install and it is Nylon you are getting one heck of a deal.Even at a carpet place usually you are at .40 to .50 for the pad and .50 to .60 for a cheap carpet.Then you have to do material to install and labor.I have seen sometimes if you have to do a small area you can pick up quality remnant pieces for real cheap and hit that type of number or buy in bulk.