If you run into any troubles, at least you have your hloc ready.Since flips have that high risk of having extra expenses, something like the hloc can function as the reserve. 

These homes will usually have ARVs in the mid to high 1s and are in areas where the rents will cover the mortgage and cash flow a bit too.Some areas that fit this criteria include but are not limited to: Penn Hills, Carrick, West Mifflin, Homestead/Munhall, and more.

The wear and tear is usually next to nothing and it's so easy to manage when the property is only turning over 4x/year!

For many money is the drug that costs them time, knowledge and relationships.A wealthy and healthy mindset will often use money to gain more time, whereas a poor mindset sells their time and usually for far less than it is worth.

Usually I’m not a fan of this but there are a few exceptions.

investing driving distance is usually just a false sense of comfort. there's really not much of a difference between buying 2h away and 1000 miles away, especially if you're not a property manager or contractor by trade. investing somewhere that's truly a great market to invest in, is more important than convenience.- regarding LTR MTR STR, owning each type of rental comes with a different workload/lifestyle.

If you haven’t closed on the property yet, a 15 year mortgage usually has a lower rate.

Usually .250% in COST meaning if you are financing a 100k it would cost 250 dollars more then the first 4. 

The GC will usually give you an all in price with their .

You have to bring an extra $50k to closing or lose your EMD.