I've flipped some myself and loved the numbers :).I'm interested in learning more about wholeselling, get more experience in flipping (as my main focus), and occasionally acquire multi-unit properties for rent

So wave goodbye to rigorous screening, evictions, issues with rent collection, the occasional $5K unit turnover, etc.

Occasionally we have 80% deals, more for our buy and hold investors that have a longer term to make their money.

He occasionally has telephone discussions with the management company regarding the property.

The occasional non-5 gets lost in the mix after a while. 

As long as you chose some “middle of the road” hardness, that’s probably all you can do - you just have to accept that someone might find it too soft or too hard occasionally.  

Since this is property you will personally use, the lines are a bit blurred because then it is not 100% investment.

Perhaps, those with waterfront properties discuss it more so but usually the occasional flooding during our summer thunderstorms is more of a topic of discussion.Besides, if you're in it for cashflow, you won't be on the water, probably a mile or 2 in so if you're looking for the long long long run, maybe it's a bad idea but you and I should be long gone by then and our grand kids will be living on the island of California. :)

Just like doing business with friends or family members, always make sure you have a contract in place when you blur lines and make sure the scope, payment terms, remedies for repairs, etc are covered so once the job is done it's the letter of the contract that is path and not interpretation.

Tubs are typically for young children and the occasional Calgon moment.