I like the strategy of buying a flip and using the profit as a down payment on a rental, but I am also worried about the coming down turn in the market, and how the timeline falls with getting a flip now and trying to list it as the market is slowing down.

I find that deals here in Dallas go quick when they are fix and flip and really slow when its a rental play.

I need to slow down and pull my eyes off my spreadsheet (planned budget).

I’m beginner .. want to use IRA to invest with least amount off taxation on my withdrawal.

Things will slow down.

It's a very slow method to save rent, although it is certainly sound.

Eventually things will start to slow down and make a lot more sense the more you learn about what you want and don’t want.

As far as where to put the reserves, I was thinking about a money market account at first because of the higher APY but then I realized if I have to withdraw more than expected it can go against the policies of a money market account so would I be better off keeping the funds in a high yield savings account with a bank I have a debit account with also and can just transfer funds into the debit account at any time if needed?

Inspections and significant transaction costs slow things down and are not a great fit for our goal of increasing volume.  

I’m officially going on record. I feel that if I talk it up enough and do something about it, it will happen. I joined BiggerPockets about a week ago (maybe 2..I’m not sure). That was my first step. Then through a con...