Hey everyone!This may be a question that has been asked many a time, but I'd like to customize it and ask it in a way that reflects my situation. So I've been interested in real estate investing for years, and I decid...

All as if you're going to do it yourself.That way you'll have a pretty damn good figure of what it costs to remodel a bathroom, replace the flooring in a 1,500 sq ft house, landscape a backyard, etc.That'll be an amazing education for you, and you won't have to take a contractor's word for it when they quote you a price.Also I would get the BiggerPockets book for estimating rehab costs too while you're at it:https://www.biggerpockets.com/store/flipping-estimating-physicalNot the answer you were looking for, but hopefully it's the information you need.

A few years back I helped my brother flip a house by going in making some design decisions and then completing work from demo to finish carpentry.

(credit cards, cash, additional borrowed capital)-What are the biggest mistakes you made when starting off in the fix & flip arena?

While I'm interested in continuing to flip properties I am more interested in starting to get some rentals under my belt and really jump more head first into REI. 

I think this Is quite popular    if not very dangerous for many.. and also you take out all those CC and your fico will fall through the floor so keep that in mind.I can see smaller amounts need for small flip projects etc.

If I would have known what I know now I could have flipped that house and made $60,000.

ZERO financial analysis background (also biggest cause for concern because if a syndicator is taking shortcuts here... you know where this is going)No property management experienceNo investment management experienceOn average, the only "experience" is flipping / wholesaling houses...

We wholesale, manage, turn-key & flip homes primarily in Mobile, and working on a flip now in Fairhope not too far from your family's restaurant. 

Personally, I've done one flip in the past couple years which was a quick one in Lawrenceville GA and currently rent 3 doors.