Flipping is a high risk high reward endeavor, especially with people just starting out. 

I imagine all of these units are going to require pretty extensive remodeling.

I'd love for anyone to connect with me as I hope having people to talk to about all this will help make my first time jitters go away easier.

Imagine if you had one single-family home.

I'm trying to find people who are actually doing it to check that the theory works.

There are 2 types of people who dog on Detroit.. 1.

I had a tenant that was imagining noises from the upstairs tenants and would not put up with normal noise such as walking, doors closing etc at reasonable hours. 

I'm glad to know people do have success with it in certain areas.

@Tejani Jeet BhaveshThe debt does not go away it is just unsecuredIf you are a borrower and get foreclosed on if the debt is not paid off it does not go away - it is just unsecuredOnly way for it to go away would be pay it off or bankruptcyYou are seeing a lot of articles on zombie loans where people lost homes or kept homes but were underwater and old mortgage lenders are coming back after them as the debt is still valid and they thought it went away

I have a higher nightly rate because I can sleep more people, my taxes and insurance are higher.