I suspect that a large percentage performed the flip for the learning experience but not by plan; they expected a profit that was not achieved.It would be safest if you realize your first flip could lose money and, if it makes money, the financial compensation likely would not justify the effort and risk.Ideally you would have gain some key knowledge and maybe some skills that could be leveraged on your next flip. 

The house is only 960 soft.  

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IntroductionWhen you're selling a home, negotiating is like a secret weapon that can help you get the best deal possible.It's like playing a game where you make moves and choices to win big.The Dance of NegotiationNegotiating a real estate deal is a bit like a dance.It requires skill, finesse, and the ability to read your partner – in this case, the buyer.

The skill of analyzing local comps will come with time, I wouldn't worry about that too much until you start getting calls back.

Rentals and rehabs are not necessarily in my skill set so I don't want to give you any inaccurate information.

I think active investors need to have an advantage - otherwise you are just competing with a bunch of other people, many of whom might have a built in edge whether it's market knowledge, property management skills or contracting skills.If you want to be passive, there are many opportunities out there as @Paul Moore said.  

There have been times I've been crushed at work - but I'll take a 5 min break, and look up someone I've only talked to a couple of times and go over and visit with them - ie. practicing networking skills.

I love the idea of rehabbing and in my own opinion I think I've inherited good taste from my grandparents who have remodeled their house and I know what makes homes feel homey so I feel good about my skills in that sense.

You may have some money, time, some skills that the other person  does not have,    we as investors love to work with people that are willing to pay the price.