@Jorge Vazquez data is always better than "educated guesses".But, perception is often more powerful than reality:(

Now, it's about taking that educated leap.

If you break even, count that as a success as you'll likely learn a ton (aka education) as well.

There are also solid courses from CCIM and other CRE education platforms that focus on practical skills and deal analysis.

The most important thing you need for that is a great cleaner who is also willing to do non-cleaning tasks for you when needed.I think it makes the most sense to hire a PM when you want to buy back your time and spend your time doing something more valuable than self-managing or simply having the freedom to pursue something else that matters to you.It can also make sense if you don't want to spend the necessary time to educate yourself on how to self-manage the right way.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, or financial advice.

Always expect a project to run into issues, cost more than expected and sell for less than expected and you will make money.The biggest advice I would give first time flippers is try and get with a seasoned flipper in your area and see how the process works . . . buy a few lunches and roll up your sleeves if possible and it will be a cheap education that will save you a fortune in the long run.It is easy once you get the machine moving but making sure you do not find yourself with the machine in flames at the start is key.

Getting educated is the best place to start.

Use this period to build “investor muscle”:Network locally: Northern NJ & Northeast PA have active REIA and Mastermind groups where you can learn creative strategies (seller finance, JV, partnerships, DSCR lending, etc.).Educate tactically: Move from general podcasts to deal-focused learning — cash flow calculators, DSCR loan basics, and rent comps.Understand investor financing: Once you’re ready, your pension-backed W2 and equity could make you an excellent DSCR or bridge loan candidate with the right structure.⚙️ 5.

This is some of your basic education, then if you think you are bidding competitively, go bid at auction #4...and get started.Best wishes and good luck.