Being good at flipping houses can be successful or a total failure in any market based upon you and your skill set. 

Excessive traffic wear and damage resulting from neglect or failure to take precautions to preserve flooring.

No market is going to be a direct path to success and or failure.

HVAC/tenting for about 750 sf.The bigger problem is that the test failure HAS to be disclosed by law to next buyer or all future buyers I'm not sure?

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

We haven't had a single failure of any of our pieces in the last 6 years.It does take some time to find what you need and of course you need to get new mattresses, linens etc but if you do it right, you can outfit for much less than new.It is less convenient though...

They know deep down that the pain of failure far exceeds the pleasure of success - for themselves.The opposite side (where I personally reside) couldn’t imagine having a traditional “job”.  

Why, because it costs a lot of money to maintain, is very expensive and your risk of failure would be near 100% which would set you back for years.

Failure to notify, and/or improper notice, are reasons that a property tax foreclosure sale can be overturned after the fact. 

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.