Erik,Some of our best returns have been out of Indianapolis for turnkeys and flips. 

I prefer to not touch them, as I think there is extra liability from renting out non conforming units and they have limited exit strategies, but if I did buy one I not only wouldn't pay extra for the non-conforming additions, but I'd also want a bigger discount such that converting to original and flipping as a single family was a profitable exit, thus restoring this as one of my exit strategy.

If I currently flip houses in my home state, but want to also flip in other states and do AirBNB there, which are both active income, can I use the same LLC that I created in my home state to acquire those remote properties?

What is the best way to find my first flip? 

Flipping a SFR there would be more profitable than buying a $300K condo in Ventura.

OMG/SMH...I am so embarrassed that I feel obligated to share my vulnerability with the BP community...Quick story - I just burned $200 on fire (figuratively) on my first day of my first flip.

its a moniker that was coined back in about 2001 when I got into funding these deals for flippers who instead of flipping to locals flipped to Californians..  

It was going to be how I cut my teeth flipping a house.

Eventually I am going to find properties that I can fix and flip and purchase rental properties for residual income.

When flipping or renovating, it's important to put your money in the right place.