You have to be even more careful now more than ever with the properties that you take on for flips because what I've been seeing in the Chicago market is rehabs taking longer due to orders being extremely backed up and overall costing a lot more money. 

If you are doing sketchy things, keeping bad records or your tax professional is extremely creative; be careful.

EXTREMELY expensive and its in their best interest to have the highest price for the job, terrible , just terrible how PM cos out there treat clients . 

Radon levels extremely high. 

Generally, this will not trigger transfer tax.  

@Sid SriramYou can utilize the FHA loan 3.5% down for a duplex, but a triplex or fourplex will have to pass what is called the "self sufficiency test." which means that 75% of market rental income needs to cover your loan payments (which include payment, interest, taxes, insurance and mortgage insurance) so it is extremely difficult to find 3-4 unit deals that pass the self sufficiency test in San Diego County so a duplex (or duplex with an ADU or SFR with ADU) will be your main options.

I found both to be extremely beneficial for our needs during that time. 

Hi All- So it is extremely difficult to find great flips in my area so I am forced to look elsewhere.

Other non-agency loans are not far behind and are extremely appealing to investors. 

Anything you have that helps to run your business is yours no matter how little or hard you've worked to get it. ( in most cases extremely hard) so why should you me or anyone else who has spent years building out our teams just freely give this information over to someone else just starting out who doesn't want to put the work in to building it their self?