Off the cuff, FHA can be difficult with appraisals, sellers willingness, self-sufficiency test, life time PMI, & FHA premium.

You could test the waters with one or two rehabs, see how they perform, and then decide if a full transition makes sense.Leverage Your Skills:With your contracting experience, you can save significantly on rehab costs and add value quickly, which might give you a better return on investment compared to the time and effort spent growing the IT business further.Final Thoughts:Ultimately, it might come down to where your passion lies.

Plumbing pressure test with water off (I would also throw in camera test that adds $200 on it's own- I got burnt with a sewage line replacement for $7-8k after purchase). 5.

I put three prong outlets in and tested them but the failed.

Flips can be capital intensive (if you don't have a money partner)

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

However, since Ive never done this before I decided that the amount of capital needed in my desired markets was too great to risk testing my strategies here.

Sometimes I'll come across agents who really don't know what they're doing. to me getting a license is like passing the Bar exam  it just gives you the right now to learn how to practice law.. just passing the test in RE in no way prepares you to be a good agent / successful agent thats the next step..

This all very old and time-tested stuff.

So we tested the market, and it proved.