Here is an excerpt from a friend & newbie "flipper" Beth Franken who is documenting her journey through her rehab/flip for Tribune newspapers, "No doubt I wonder what the heck did I get myself into sometimes.

It all depends on what your strategy is and how you've structured the digital portion of it. 

NET-ROI can be double digits if done correctly, depending on location, finishes, etc.  

I like the idea of achieving, on average double digit interests on those investments, and then on occasion when I do get the property because the homeowner doesn't pay their taxes I will then Fix and flip that property.

I find there are still quite a lot of people out there who prefer to fax documents over digital alternatives.

Any realtor or real estate company that touts the benefits of public open houses in my opinion still reads newspapers and uses a fax machine.

I use a masterlock box from lowes/hd that has a 4 digit dial.

You'll want truck tickets with the tonnage and you now have set unit price for the CO.Anything underground is unknown unless you dig it up.

but for me I kind of dig it... autopilot in the airplane can be less forgiving flying you into a rock at 200 knots.. or you sit there and look at it and say what the heck is this thing doing.. and why is it doing that.. the car autopilots are much less complicated . and they will come to a stop... of course airliners have auto land and auto brake etc.. but you know you have to spend a few million for those features :)

The benefit to doing this is that rather than cash sitting earning you nothing for 9 months, you could be earning double digit returns and in 9 months, have even more with your earned interest income.Will Barnard