KC really nailed the lending side of leverage for flips.Keep in mind flipping is extremely challenging as your fixing up a structure that people will live in.If you partner (as kc mentioned) have a well outlined structure, preferably by an attorney.Know FL laws & regulations very well, including contractors requirements.There are many things that can & do go wrong that are out of your control.

You hit the nail on the head with most of these.  

I think you hit the nail right on the head.

I think @David Zheng absolutely nailed it on this one, something it doesn't appear that anybody else has brought up.

Bill you hit the nail right on the head.

I'll fight him tooth and nail.

@Andres Ospina@Thomas Psipsikas hit the nail on the headData sources such as the American Community Survey, also known as the annual Census, can help you judge a location by considering key market indicators, which I list below.Some of the metrics that I find valuable to understand are:- Population Total- Population Age- Home Values- Household Incomes- Rental Vacancy Rate- Homeowner Vacancy Rate- Poverty Rate- Educational Attainment Rate (High School/GED & Bachelors)- Number of Housing Unit- Rent to Income Ratio- Rent to Price Ratio- Population on SNAPS (supplemental nutrition assistance program) percentage- Property Tax Rate- Median Age of Buildings- Number of Structures by Units (SFR, Duplex, Triplex, Quadplex, etc...)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages- Number of Building Permits Issued- Foreclosure Rate- School Ratings- Crime StatisticsAlso take into consideration the direction in which each of these market indicators are trending.

@Liam Naughton hit the nail on the head.

As you said above, Joe hit the nail on the head -- people need to be ready for a coach and should have specific goals in mind when finding a coach.

brian nailed it. save more.