This will help considerably in this business.The important thing is buying right, knowing your costs to get a property ready to resell (not over improving) , and finding buyers.

Hey Paul,We will get together soon.This month has been crazy.I like personally larger apartment buildings.With duplexes and tri's,and quad's there is a common problem you run into.Usually in a development all the buildings belonged to one person and were sold off over the years to different people.I have found that when different investors each own their buildings the type of tenant they let stay there and how they take care of their buildings vary.This causes a risk to your rent levels,tenant base,and future appreciation.It's better in the city as code enforcement can keep on bad landlords for compliance issues.If you own one development outright you control the buildings,utilities,improvements and roads,etc.On the houses I equate resale to the cost per door.An apartment unit is 1 door and a house is 1 door.You would need to project your exit strategy time line and what you think values would be then.From a cost per door standpoint apartments are generally cheaper for value add deals than houses.Houses you would have to sell each with their own closing unless you did a portfolio sale at a discount whereas the apartment complex would be 1 closing and reselling to 1 buyer.

How to fix and resell the property and make a profit in order to move on to the next one.

If you have the funds and know of building lots, building and reselling new construction is way to go.

I flat out tell them on the phone I don't collect houses, that I'm buying it to resell it and that I need to be able to justify my time and investment.

Met with a CPA this week and he said that he thought the 180 degree opposite of what I think; which is to stay away from flood zone property, the rates are escalating and the flood maps are being redrawn and flood insurance premiums will continue to increase in the coming years and this will have a negative effect on re-selling FZ properties.

I'd also flip cars; buy them on ebay at auction and resell in front of my house for $1k-$3k more than I paid on ebay. 

Not a problem if you keep as a rental but you wouldn't be able to resell it.

Plus, like Brie mentioned, it's typically easier to resell a SFH vs townhouse.

Paul and am looking for investment Rehab & Resell units.