@Kyle Hyatt  I've been a fix and flip guy in the central Ohio area for about 12 years. 

Since purchasing these two properties, I have gone ahead and obtained my realtor's license and I'm currently searching for my first flipping project.

Have a flip in the process at the moment in Bates-Hendricks

It's a hot market, but it's more primed for flipping.

I flip multi family properties for my clients.

For managing time, David Allen's Getting Things DoneFor managing your business, the E-Myth by Michael Gerber.For a clear-eyed look at how money and markets work, the Intelligent Investor by Benjamin Graham (it's a slog but it's an education all by itself)For actually looking at properties,  J Scott's book on Flipping Real Estate (it's a BP book and it's awesome) .  

The only problem is if a flip it, i'll be subject to short term capital gains.

Loan amount is about $85K, and 2~3 day turn around. I have worked with the borrower for a while on longer term deals. I'm thinking higher points should be fair in this situation. What are your thoughts?

(Unless you flip homes for a living)Pending Home Sales Slump As NAR Warns "Activity Has Essentially Stalled"New Home Sales rose in May, Existing Home Sales dropped in May, and today we find out that Pending Home Sales also tumbled in May... so that's 2 down, 1 up - not good (especially as mortgage apps are tumbling in June)This is the second monthly decline in a row, but Pending home sales are down 2.2% YoY - the 5th straight month of annual sales declines.Home sales fell for the year in all regions YoY, but the decline in the last month was concentrated in the South, while the other three regions reported MoM increases.

I do have a few rentals and have flipped a few houses, but I should be far ahead of where I am by now.