You need to handle your current finances before you try handling investments and risk.2.

But it shows how important it is to run a professional business from day one: have a buisness name, a business address (I have a UPS PO box with a real street address) and handle yourself like a company would.

I also teach an 8 hour course in PA Tax Sales and have written about many of the hundreds of cases that I have handles, both on this forum and other published formats.

Challenges?

Challenges?

Cash flow can handle the mortgages.I have no problem paying down the HELOC as I go, but based on suspected rising rates I don't know if it would be worth to fix it to a higher rate mortgage now and free up cash to buy more properties (My plan is to just keep growing and scaling).

I have been contemplating flipping my first house for the last year, but I have been a bit scared of jumping and not knowing what the challenges will be.

Challenges?

Capability level - ties into risk level evaluation with regards to handling the projectImpact on time, do you have the time to manage the projects?

Also he is going to put half the rents of both properties toward the purchase price and continue to handle all repairs until I purchase them.