I think some seasoned investors can probably become desensitized to the challenges involved for newb investors because they've already progressed past that stage.

I am updating my blog daily with the progress.

But you can expect your cash flow to worsen if / when you encounter some of the expenses that tend to be overlooked (for example: vacancy, eviction, legal, accounting, certain capital items like replacing heaters and roofs).You can hope that rents will start to increase I guess, but with a 3 year lease you are sort of locked in even if that were to happen in your area.

The second, and often overlooked, is the value of the project as work on it progresses.

So as you progress the time you spend viewing crap is reduced.#3- As you progress you will find your true niche.

I hope that only continues.BTW - Here's a great tutorial on using the site that you might want to check out.Keep us posted on your progress, and of course . . . jump in!

have you made any progress or updates since your v1?

But it shouldn't stop you from taking the plunge.That's usually when progress and moving forward happens.

Flipping while in school will be difficult but is possible if you ensure you have systems setup and can dedicate enough time to monitoring progress, etc (without letting your grades slip).

I will post back my progress.