To be a good flipper and consistantly make money you need to have several skills and avoid severa mistakes that are very common:1) Overestimating ARV (after repair value) - it is human nature to be optimistic and look at the best case scenario, but you have to be realistic when analyzing the end sale price of a property.

"/s/ John Chapman") I suppose there is some sort of minor risk that at some point it could all go south and they could deny it's their signature during an eviction procedure or something.

Naturally, the lease agreement carries my name as the landlord.

I believe the answer is yes in many cases.Is your state deregulated for natural gas??

Lately I have seen a number of posts from what I consider some of our most respected posters on the board using standard procedures to calculate returns.

In Philadelphia, natural gas is lienable too!

The government has done an aggressive job of setting an un-natural bottom and prolonging the downturn.

But when you respond, can you make an effort to respond with more of a helpful nature instead of quizzing me about what you think I don't know (and maybe I don't), and telling me all the reasons why I may not be successful?

Then you need someone to remove the inquiries OR wait the necessary time for them to fall off naturally.

The nature of taxation on a gain has nothing to do with whether you had a loan or where the loan was obtained.