the only thing setting me apart from the other top contenders is that I have a washer dryer So what is changing?

It would typically also mean I'm not having to address things like insulation or building permits, or contend with higher ticket items like replacing the kitchen cabinets or gutting bathrooms and the like.With all of that said - having completed several dozen flips/rehabs and doing it as a full time job, I haven't run across many (any) houses that only needed strictly paint and carpet and nothing else.

https://www.news4jax.com/news/local/jacksonville/lawsuits-contend-man-burned-in-car-fire-embezzled-millions

@Karen Margrave I think we are saying basically the same thing, but I still contend that the theory holds true unless acted upon by outside influences ie. regulations. 

I contend that in most market cycles, builders (e.g. $1.27B last year in new permits in Wake county, NC) especially the smaller Mom&Pop builders, have a higher overall risk than flippers.

I see what you are saying in that if you have an opportunity to make a better return elsewhere pulling it out may make sense but then again you have lost opportunity costs to contend with as well.me personally, I contribute heavily to my 401k as it A. gives me a nice reduction of my taxable income and B. diversifies me from just holding hard assets ( real estate)regards,chris

It felt like every other month I was on the hook for a new major repair, a tenant was threatening to move out because of some problem, and I still had a huge mortgage to contend with.

If it's a consumer ten you have Dodd-Frank to contend with in any financing arrangement, including lease-options, CFD's or anything with payments.

If not, they will foreclose right away.Now, I've read some info that contends there are a lot of borrowers that are actually late enough on their payments that the banks really should be foreclosing.

I've heard for years no pain no gain; I believe that all jogs have a degree of stress since there are so many variables to contend with you need to be as I say like a rubber ball the harder you get knocked down the higher you bounce up.