That depends on your personal situation.

The answer to whether you should flip it or rent it out somewhat depends on that answer, and also: Does the property have any value-adding opportunity you might not have considered?

I think it really depends on the area of the property.

@Darshan Patel   Sometimes it can depend on what language you use with the police officers, the people in the house and the situation and the officers take on the situation. 

I like this choice because you can see who people recommended and who they decided to go with based on their interactions among the many CPA's(depending of if they shopped around).

That depends on the agreement and experience.  

It depends on your ability and involvement in the process.

There are basicly 3 divisions, or roles to fill here.1 - Managing Partner2 - Cash Partner3 - Credit Partner...and the cash and credit partners can be combined to become the Finance Partner.How it gets divided depends on the type of deal it is...and negotiations.Typically, we will split it up this way:Manager = 40%Credit = 40%Cash = 20%...if there isn't a credit partner (all cash deal), that 40% is split 20/20 between the other two...with the understanding that if a credit partner is needed, that 20/20 is given back to the credit partner.

A lot depends on whether this is ingrained behavior or just an adjustment to apartment living.

@Tomer ShaniActing as your own GC is certainly doable on smaller projects depending on your familiarity with rehabbing and construction in general.