Quote from @Ekaterina Lansky: Hey BiggerPockets flippers,Choosing the right lender is make-or-break for a fix-and-flip deal.

Things are trading within a range, not breaking up, not breaking down, and following a strong trend that ran. 

The trades can make or break a good deal. 

Hi everyone! I’m Elizabeth, a Physician Assistant from Maine, diving into the world of real estate investing. I’m starting my portfolio here in Maine with plans to eventually branch out to other markets—especially int...

Also, many suburbs become saturated quickly, pushing up prices and reducing long-term returns.Investors relying on media lists or third-hand data risk missing the context that makes or breaks a property’s performance.

I want to rent the house and at $200,000 it's a great deal, at $250,000 it breaks even, maybe a little negative after maintenance costs.

Here's why:Let's say I sign a tenant to a one-year lease, and 3 months in, their personal/professional situation changes, and they break their lease and move out after a 30-day notice (or maybe less).I am required, by law in most areas, to "mitigate my loss" by remarketing the unit, making it rent-ready, and starting up my lead generation machine to get applicants, funnel them into my screening system, identifying good candidates and ultimately leasing them up.

Let’s break down the pros and cons of each when compared side by side:CondoPros:Lower barrier to entry: typically requires a smaller down payment and results in lower monthly mortgage payments.Minimal overhead: utilities like water, trash, and landscaping are often included in HOA dues.No landlord responsibilities: you won’t need to manage tenants or deal with non-payment issues.Cons:HOA management can sometimes be unpredictable or problematic.Long-term rental income growth is generally weaker compared to a duplex, especially if your goal is to hold and rent the property over time.DuplexPros:Rental income from one unit helps offset your mortgage; rental rates are likely to increase over time, lowering your net monthly cost.Higher purchase price can translate into greater long-term appreciation.No HOA or associated fees.Cons:Higher upfront costs: larger down payment and closing expenses.Being a landlord involves active management — and it’s not always fun or easy.Which asset would I choose?

Let’s break it down.Timing Isn’t Everything—But It’s a Lot!

totally state and market specific.. only take advice from those that are experts in the market you want to give this a try.. keep in mind though there is a huge good ole boy network in any major city that will be light years ahead of you.. they will have tons of cash they will know values they are very tough nut to crack or break into.for me the easiest market I have seen to enter foreclosures is OHIO..