Just to clarify why I'm looking to flip instead of just buy and hold myself: I'm in a situation where there is very little banks will give me for leveraging rental homes despite having a good amount of assets and excellent credit because I haven't had any income in 4 years (long story short: I went back to school after my previous career as a professional poker player ended due to the online poker shutdown.

Even if you don't want to get your license, I think you'd get a lot out of the course when it comes to how a typical transaction works, who the major players are, what a contract looks like, etc.I think you're missing some very basic background information about how the purchase and sale of properties work, and that could get in the way of actually making offers.

Be sure to triple check your numbers to ensure you can get by if the property does not rent out immediately.Where there's a will, there's a way- good luck!

The drawings they produce can be bid out to multiple different contractors for the best price and then they will proceed to ensure their performance throughout the project. 

These are two specific issues that I ran into, but generally speaking, FHA loans are maybe a bit more strict/nuanced than some other loan products, so you'll want to do your homework on the property ahead of time to ensure it will meet FHA requirements - or at least have the ability to be remedied to meet the FHA's requirements prior to closing.2) STR vs.

That increase rate will ensure you don't get too far behind market, then you can do larger increases during turnovers.

This will ensure you have power to do repairs and maintenance.2.

I would definitely go and try and make contact with the owners first, this will ensure you have a deal.

So it has come out to be current now.Being a bit paranoid, I just want to ensure that this time deposit is for real.

Doing your research ahead of time to make sure you are getting a fair deal will help ensure your success as a landlord.