You have also posted this incredibly illegal post with what I guess is your real name.  

Like you, I have just finished my first flip and the amount of education received is incredible. 

Unless you can get an incredible deal and walk into it with a ton of equity, I would pass.

Many of us have not experience an interest rising environment like 1941 (ten year was 1.95%) - 1982 (ten year reached 14.59%) and the investment strategy will change when the interest rates rises in the years ahead.  

They are pretty hard to come across actually.So that leaves basically apartment complexes or homes to buy/renno/rent  and the yields in this current market environment arent too great.the one thing i can say that houston offers that los angeles doesnt  is extremely good public schools in the suburbs and a lot of international people working there for oil and gas jobs that fuel that demand. 

That being said 5-10 years from now there is a high probability that we will be back to a more normalized interest rate environment and due to that fact I am trying to load up on  much more mortgage debt in the next 6-12 months.

Having both worked in the corporate environment, we are seeking to move in an entrepreneurial direction.We are just beginning to investigate flipping houses.

Incredible @Dawn Anastasi!!  

This site has been an incredible learning experience and helped me pull the trigger!!  

Condos are regulated by NY Department of State and you have to file all sorts of fun stuff with the AG.Peek at these then I'd suggest consulting a RE attorney or maybe a commercial RE agent who's got experience with conversion.COOP Condo Conversion Processhttp://www.ncsl.org/documents/environ/NYcondo.pdf