I'll deviate from my psychoanalysis and just say that you just have to evaluate the opportunity cost - is it wise to take the tax hit because you want to switch up your strategy and doing so can lead to greater and faster after-tax returns? 

Yeah you need to find a good deal to then evaluate hoe much will you get back after you're done flipping.

There is a lot of work and time involved in building a buyers list and knowing how to evaluate properties, rehab costs, arvs, etc. 

Unfortunately, EquityBuild put too much faith into this company for the projects (and real estate market evaluations) which resulted in a tremendous loss for EquityBuild.

You want something to actually track expenses as you operate or to evaluate deals?

The underwriter will evaluate the cash flow and value of each property and determine whether or not it is lendable.Although you could use a hard money loan on a cash flowing property, they are typically used on bridge type of scenario.  

@Dawn AnastasiWhen do you re-evaluate your amount you set aside every month?

Any schmo off the street can become a home inspector.I would tell the buyer you believe that this inspector is wrong in his evaluation of your home.

He actually had a ton of knowledge on the area I was evaluating and gave me some great feedback from a real-estate perspective.

Another time was to get info on special deals with Home Depot and to learn how to log into one of HD's systems to place orders (not their retail website).Yesterday, however, one of the longer standing REIAs in Dallas asked me to help them at meetings.