I think the absolute biggest one is being willing to manage your own bookings and having a management company be your boots on the ground.

The biggest issue is the inability to properly price weekends vs. weekdays. 

biggest mistakes flippers or new flippers do is under estimate costs  ,  closing costs, sellers credits , and holding time

The biggest pro for FHA is that it will be easier to qualify for...it is meant to help those who cannot afford 20% down and it allows for more flexibility on your credit score.In regards to PMI, you will still pay it on the 5% Conventional Loan, however it will be removed once you hit the 20% equity mark.I would go for Conventional if you have the financial health to obtain it.

That's approximately 5-6 months break even period.My biggest setup cost was in Altanta - this is a giant home at 6 bedrooms/4bath that I tried to setup as an upscale home.   

The biggest risk you run is "Who wrote the contract?"

My good man.Many people have ego's (I have the biggest... 

I think our biggest problem is that a mile down the street you can get a little cheaper $50-75 place but it's in a different school district and it's well... cheap. 

Currencies are like real estate and stocks: the biggest opportunities are when their prices are low.4.

If it is only short term, why not go with the HELOC, as long as you only pay for what you draw (only option where you don't have to pay interest on the entire balance up front, and is interest only, allowing you minimal payments until you finalize and sell the flip, providing for the biggest cash flow of all the options.