Once you have enough to safely continue flipping, but can tie some up in a BRRRR type situation, then cherry pick a property you might flip, ad value by doing a reno, and then rent it out instead of flipping that one. 

I’ve been in your shoes.

If that's what your plan is, the only one that I would be concerned about if I were in your shoes would be the last one.  

You're not only up against property costs, but also permits, utility tie in, taxes, materials, a hot labor market, etc.

And you can't find a separate tenant to just rent a garage because electric is tied to the housing tenants.So then you need to have two separate electric services brought to the garage.

In terms of apartment syndications, we are not trying to keep our money tied up long-term so that when we are ready to pursue our next rental, we can have the funds within a reasonable amount of time.

This latter closed but....There was a second problem, this time with the church property- the church was having problems finding some of the documents that title needed.Since we were doing a 1031 ALL of the proceeds from our sale were tied up until the last property closed or 6 months had passed.  

My name is Matt Payne and I'm a real estate agent in New York City.While my primary focus right now is the sales and rental market, that ties in nicely with my interest in investing as my company has a large property management and investment portfolio, primarily in Harlem and all over the west side of Manhattan.

My family has ties to the Arlington/Grand Prairie area.

If you do end up going with a floating floor, you'll need to lay shoe molding (easier option than replacing the trim completely) and it could end up looking rather stupid if the trim is too short as a result of leaving the tile in.That being said, if you do decide on a floating floor, look in to Home Depot's Allure ISOCORE.