Flipping is like Black Jack It's fun, but over time the house always wins and the investor always loses.

Resisit the tempation to underestimate expenses.That will give you your Net Operating Income.

Saturday and sunday, 70 from 9a-7p, 60 at night.You'll also want to make sure you don't risk any freezing pipes by lowering the temp at night.

The house would be rented out for around $700-$900/Mo and along with my 2 grand from my Blackjack strategy I am going to reach financial freedom at a young age.

If you don't have the money to lose it's probably not a prudent business move but, who thinks that taking the last $5000 you own to Vegas and playing blackjack with it seems like a good business move.

The reason I use "investments" in quotes is because, as you indicated, Kelly Criterion is typically used by gamblers who have the opportunity to make positive-expectation bets -- most commonly sports bettors and skilled blackjack players.I actually played professional blackjack for a couple years in college, and Kelly was the basis of my overall betting strategy.

The tenant has even gone and bought a digital thermometer to put in the bedroom and has sent me a picture showing the temp at 59.5F.

Connect with investor friendly realtors and share your desire to become an investor (just because we call ourselves one, we aren't until we actually, invest).Investing OOS without a trusted team on the ground is like playing blackjack in Vegas.

Make your lease cap the thermostat temp at 72 or something similar - etc. 

Fortunately I don't think home warranty companies are as sophisticated as they would like to think, and I definitely don't think most buyers of home warranties are as smart as black jack players.