The magic situation that you as a flipper are in a prime spot to realize is this:  if you can buy assets that generate cashflow that pays your costs of living, then your flip revenue is icing on the cake. 

@Jason Merchey is spot on. 

I found myself in a very similar spot many years ago; however, I wanted to be on the limited partner side of the syndication and not the GP due to lack of available time.

There are plenty of good well paying jobs around, mostly factory but the work is here and close by although I’m new to the area (5 months) I’ve noticed some hot spots for crime, drugs mostly, but what confuses me is one block is decent, yards maintained, clean looking, nice curb appeal, but then you go a block down and it looks like a war zone.

@Matthew HagertyI was wondering if you guys had a spot for 1 more person.

The only reason I mention this is that when you tell people that the paint will kill mold, certain assumptions are made that mold will never come back to that spot, or that you don't have to do a thorough cleaning before putting the paint on, etc.

that I'd end up in a tight spot.

Drew - in my opinion, Micheals assessment is spot on.

You should have a purchase contract with you at all times on an appointment and know how to fill it out on the spot.

Current siding is fiberboard and is starting to rot in a couple spots, and is simply ugly.