Underestimating the cost and time of renovations (usually with limited reserves to work with) and overestimating going rent rates.   

Very first one I did I had to stay in and do the rehab because Freddie Mac slipped in a deed restriction the title company didn't catch until we went to do the second closing (they weren't same day, I was doing the loan and the lender was dragging their *** so I funded it for my borrower)You used to be able to double close, but its limited nowadays. 

You should have more than enough equity at that point to have all your properties under one reasonable loan and still have cash in reserves for repairs that may be needed.Of course, I'm not a lender or lawyer, so my advice is limited to my experience as both a Realtor and appraiser.Hope some/any of it's usable.

I am interested in myself investing in properties but off course due to limited cash flow I am looking for some good partners who equally can share  the success with me.I would appreciate if you guys can input your opinions as well on best ways ways of flipping properties with limited cash investment.Thanks & Regards,SK1

@Saul L.Can probably give you some insight about investing in the US from Israel.But I would probably go with a different strategy than his with limited amount of money but there are lots of opportunities.

http://www.zillow.com/homedetails/5-N-9th-St-Del-Haven-NJ-08251/67881870_zpid/I've been looking at this property and trying to review the comps with my limited capability mostly zillow and trulia.

Hi,I am about to open a 1031 and anticipate buying 2 or 3 homes ($120-180k ea.) in the Nashville/Middle Tennessee area, which is a very hot market with limited inventory. 

You pass that limit (for three consecutive years.

Sometimes the spikes and surges from those can fry things.For "no heat", it could be one side of the 240 V to the dryer missing, a bad heating element, bad regular thermostat, bad high-limit switch, or bad control board.

From my limited time investing and being a land lord I feel like there's ways to be more suave about this.