Quote from @Bruce Woodruff: So that's 7 months......now investors will have to add a bit into their flip budget to cover the extra 3 months (or so) holding costs... will make overall costs go up though... 

Alot of the training teaches you about apps, and events coming in the future that are really commercials because ofcourse you have to pay extra for them. they have so many different parts and systems for instance I just found out today that the one on one coaching i thought I signed up for where they fund you deals and you split 50/50 has 3 parts.

They will promise upgraded furniture or extras to keep your money. 

I am not currently using a property manager, so any other extra insulating layer that I can get is useful to me.  

But I will say I am and going to be extra conservative going forward.

I've been focusing on residentials and hoping to use the proceeds from there as extra income to invest more.

Just keep it in your personal name and get extra liability on your insurance.

My husband and I are still working our W-2s (and extra), but we can't move on another property until this one is at least paying for itself.

Rehab projects are great and they give you the option to sell and move on after completing or to hold the property as long-term rental to generate some extra income.

Just get extra liability insurance on them.