I got turned onto Bigger Pockets by two unconnected friends of mine, that made me curious enough to check it out.I've basically been consuming as much content, podcasts and books as I could for two months, opened an LLC with no idea what I'm doing.

To see if he made more money that way, taking into account the fees, consumables, and time required to run STRs.  

Is this a consumer debt situation?

Also, you do not have the same consumer protections for investment property that you do for a primary residence, so take the time to read through everything, ask settlement attorney or title company what fees you can still be responsible for if deal doesn't go through after you hire them. 

@Matt Carroll there is good debt and bad debt(consumer debt.)

As others have stated, flips can be very time consuming and things will not go exactly according to plan. 

Switching software a year or two from now will be very time consuming and expensive so it's best to do your research up front and make an educated decision rather than asking a bunch of strangers on a forum. ;)

It would be awfully time consuming to investigate these companies for you.

Now with the states making harder with license requirements, hassles of filing foreclosure in judicial states, stipulations on contacting borrowers, statue of limitations since last payment or maturity of the notes, I am much happier doing the business loans to landlords, and working on investor relations for 16 geriatric behavioral health hospitals, and lender relations for a company buying pools of low balance consumer notes in the single digit range and bringing them lenders who also want to clip coupons and not deal with all the hassles of mortgage notes. 

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