I started scaling up my flipping business earlier this year.

It's difficult to fully grasp the scale of this beast, but the FAQs provide some interesting context:Personal Property & Transportation AssetsAlthough the extent of personal property to be included in the sale has yet to be finalized, it can be assumed that all ferries and certain vehicles presently used by the fire and safety units on the island will be included.You know you're playing with the big boys when someone throws in ferries as an after-thought.Let's play a game of fantasy real estate development!

This will force you to consider financing costs and allow you to scale up once you have all your seed money tied up in real estate.

There is usually a volume gap where not enough projects means you are going to lose money on the head, but if you have enough and they are competent, it will give you a return on your hiring investment.Everything that is in that gap, you have to do yourself until you can scale to the point where the volume makes it worth it.  

By the end of the year, I'd like to have the whole house ready to rent (still continuing to rent the individual rooms) and make my next move, preferably to a multifamily (four-plex would be ideal) and repeat the process on that scale.

Unless you are buying land and water rights on a Ted Turner scale (or maybe somewhat less than that) there probably isn't much opportunity to make money buying water rights.Just my $0.02. 

But I also do 6-8 properties a month pretty much every month and I am able to get the benefits of economies of scale and economies of scope, so my cost of getting something done will be lot less than a newbie investor.And just don't call the Merrillville police department, call the Gary police department also because the county records show it as a Gary property."

I understand these things can scale exponentially.

The downside of pulling pieces aimed at individual bits of home automation is now you have a bunch of unrelated systems that do not play nice or scale together.I've eschewed the Honeywell thermostats as they are propretary and Honeywell has a long tradition of not playing well with others.When I started down this road five years ago, there was not very little from which to choose.

I checked out comps and it seems like rent is on the lower side of the scale for the area.