Welcome to BP, @Celia RudderBefore you continue posting, I strongly suggest that you complete your profile as well as upload a face photo.

With a daughter facing the daunting costs associated with college, I have liquidated some investments and hope to flip three homes in 2015 and three more in 2016.  

Hope that puts a smile on your face.

It's has been a pleasure meeting you gentlemen here and I hope we will get an opportunity to meet face to face some day possibly.  

As I've continued learning, I haven't exactly jumped those hurdles, but I'm definitely ready to face them.I'm on BP to expand my education and get specific answers to some of my specific questions.  

Barely a year, or less than 1%.But you are right about appreciation, I would factor maybe 12-18% per year for the next few years, probably stay in the top 3 markets for appreciation in the country but not 20-30% any more.

We managed to barely break even.

I can understand wanting to wait until you have more of a base before jumping into face to face meetings, but don't wait too long.  

This works best in face-to-face negotiations when you're ready to buy right now. 

All I'm saying is that based on the types of homes I invest in, I can't see paying $150,000 for a home that rents for $1000 a month, and barely breaks even on cash flow.