Another thing that will eat into your estimated profit on the flip is taxes, so you would be netting under 30k for a whole lot of work on your part.

This can eat into any sort of profit really quick if not planned. 

maybe folks in that instance don't drive as nice of car  and or eat out as much.. forgo their 100 dollar a week starbucks habit or give up smoking.. and still buy homes..

But are there things that can surprise you that can really eat away at your dream? 

David Greene's recent great article speaks to)? 

So there I was waiting to hear what damages were going to be, afraid that it would eat all of my profits.  

While we were there, there was a lot of talk about the Green Impact Zone that Congressman Cleaver had fought for.

I put all my weekends and after hours I could, eating pb&j in my beater, missing my family getting it cleaned up and painted... 

I would NEVER use HELOC $ into something long term like a buy hold down payment... what if that house sits and you cant rent it... can you eat that $ for a long period of time...? 

Focusing on leases and management later.I know I’m very very very green to the real estate industry however I’ve learned a lot in this time the training I’ve received is second to none and I’ve learned from the best people I can learn from.