I will definitely use these tips and tools to help me on my journey.

We are in an environment where, in my opinion, if you're not making at least a 10% cash on cash return you're money can be put to better work.In Utah, for buy and holds I have heard of deals close to 10% happening in Toole and Ogden.

this one.There are a number of tools here to help you network.

Tool rental places now sometimes carry industrial ozone systems, I've never used one.

When applicants ask us about the neighborhood, we encourage them to research the area and give them some tools on how to do that.  

In short, you need more tools.

Besides, given your prior experience, you would probably do very will at the entry level (under $100k, purchase and rehab) flip game.My (conservative) view is not a popular one here on BP.

As a fellow investor from out of state investing in Phoenix, BP is an essential tool in networking and asking questions of other investors.

(New computer, power tools) Should we get the license before or after we make the purchase?

On the Bigger Pockets forums, S-Corp appears to be a popular (but not universal) choice for flipping, as an s-corp would help with avoid profits all being taxed as ordinary income (Federal, State, and then an additional 15.3% for both sides of FICA).In my case, tax rate something as follows:INCOME TAX- Federal (up to 36.9k): 15.0%- CA State (up to 39.3k): 8.0%- FICA - both sides of medicare and social security: 15.3%--------- Total Ordinary Income Tax Rate (Fed+State+FICA): 38.3%- Total Dividend Tax Rate (Fed+State): 23.0%I could be calculating this wrong, but for the flip scenario, I'm estimating the numbers as follows (just updated them to reflect new financing terms and flat-fee MLS): - Purchase Price: $14,000.00- ARV: $60,000.00- COST Rehab: $18,000- COST 5 months of holding costs (flip insurance, debt, utilities): $1,727.50- COST Closing costs (flat-fee MLS and marketing/ 3% buyers realtor fees/ county transfer tax/ 2% closing costs): $3,465.00PRE-TAX PROFIT: $21,707.50Applying the above tax table, the post-tax profits appears to be as follows: - No S-Corp total taxes (100% taxed at 38.3%): $8,313.97- With S-Corp total taxes ($1,500 taxed at 38.3%, remaining taxed at 23%): $5,222.23So, assuming my numbers are correct, with an S-Corp, it's a tax-savings of around $3,000.