I'm confident that I will do well and I'm generally not concerned about the failures of others (but seek to learn from their mistakes).

I’d say this is where the most learning took place as I made a lot of mistakes in my online marketing and being completely overwhelmed with the interest in the property.After all the renovation, I knew we had equity to use so we Refinanced our house via a home equity line of credit to pull money out to put down on our next project in a grade A neighborhood.

To avoid an expensive mistake, consult a real estae attorney.

People make mistakes and I the inspector was a little sloppy.

You have a good story to tell and one that will serve as a baseline for others to emulate.Yes, you made some mistakes initially.

Oh yes I made mistakes, the same ones you might read about in other people's posts on here but hopefully I have become a more seasoned investor now and will have better luck holding onto properties , value, and money and I will be able to build lasting success this time around.

He only has a handful and since he knows I have no experience I don't feel that he is worried about too many rookie mistakes on my end. 

The biggest mistake new investors make is that they only focus on cash flow.

They will not have the knowledge necessary and make mistakes that can cost you a lot of money in drafting the purchase and sale agreement among other things. 

Just be careful because allot of people make the mistake of thinking because they have new construction that their properties will appraise for and sell for a much higher price.