@Michael SpindlerThe biggest issue is establishing credibility and, being that this is your first flip, the best way to do so is to do your due diligence.

As an aspring real estate investor interested in buy and hold rentals, I've spent a great deal of time thus far leveraging the numerous BP resources and am now looking to upgrade my BP membership to fully capitalize upon the great tools and utilities available.My question to the group: Would you suggest Pro or Plus?

I'm open to using a private money lender, however I also see intrinsic value in establishing a relationship with a local bank.  

I'm looking at putting an offer in on a property utilizing an FHA loan.

Aside from property taxes, and analyzing rents in the area what other key factors should I be looking at to establish cap rates and potential profit?

Hello how can I establish business line of credit?

Due diligence in checking references and seeing the type of work product each contractor can deliver may take more time at first, but once you have established relationships with the right people, you will save time and money.Budgeting BlundersOn television, property flippers take a quick tour through the property, throw out some numbers, and get to work.

Proctor and Gamble just established a large manufacturing facility in the area, which is bringing in many jobs for people.

I was hoping to get some advice on how best to utilize my savings.

I think being under someone's wing would be awesome, but I know everyone is either just learning or trying to get themselves established, so I understand!