The money will go towards 2 college rentals which will produce both together 1,400 a month cash flow .

Through this flip, I was able to develop my negotiating skills, learned to manage workers, and refined technical skills like patching and (properly) painting sheet rock.

Values have jumped quite a bit since then which currently makes it very difficult to find a deal that will produce positive cash flow.

I don't think I am interested in flipping, as I am looking to create long term wealth through RE.Transitioning to RE is a tough one from my perspective as the amount of income I see the average person generating monthly is what you can produce in a day in the markets, but I am attracted to the fact of an entirely different income stream, that is reliable and which could also be sizable if done correctly.I am looking to network, watch and listen on BP before I pull any triggers on deals.

Unless something drastic happens (Hello to The Rock in San Anereas) in 10 years most of these areas will be priced out of the middle class buyer's pocketbook. 

Although real estate returns have been compressed due to increasing prices in many markets, real estate is still producing 15-20% COC returns on cash flow alone.

We were supposed to be sitting on our rocking chairs on our front porch saying "Remember when" and then forgetting what we were  trying to remember.

You have to release yourself from inertia and use a piercing eye to understand these buyers are right under your nose.With that being said anyone that wants to team up and get some V.As rocking and start flipping deals without having to worry about 65-70 Arv.

This stuff was as hard as a rock and sometimes a 1/4" thick.

And as shown, when a bank gets into problems, eg Northern Rock, very quickly you get a run on the bank.Painting the populist picture that the banks caused this is disingenuous at best.