If you have enough good deals that you can roll your profit from one flip to the next and scale then that is more profitable. 

The 401k with your employer most likely cannot be rolled over until you leave that job.

A long time ago I learned about using home equity to buy another property. One thing that didn't make sense then ( I was a teenager at best) was using one houses equity to buy another house...but that's not the end of...

The newer models are fine, they eventually required manufacturors to build them according to house codes, so enter drywall, roofs that are not rolled metal, better wiring, escape windows, exterior doors that were not tin covered paneling.I have been in several mobile homes that were burning. 

Those looking for rentals would drive around the neighborhood they wanted to live, jot down the numbers on the for rent signs and get the ball rolling.

I've seen too many of those to count and it still never ceases to amaze me that anyone can live like that.

Then roll on at least one coat of water-based primer like Kilz2 latex primer, or, if you really want a bulletproof solution, an oil-based primer like Original Kilz or shellac-based BIN primer.

A Section 8 inspector will inspect your property and if it fails the inspection your payments will cease but the tenant will remain -- it will be your responsibility to evict the tenant. 

But you already have precedence with the current tenants - you can see from the rent rolls if they have been paying their rent on time, and you can assess their habits and suitability from the walkthrough of the place before you close. 

:roll: