They're always residential properties, which anyone could buy any residential property and do exactly the same thing for far less than what the sellers are asking because they're valuing it as a business, not a residential property, which it is. 

If you need to be all in for let's say $150k and you buy for $100k, then you can only put in $50k if you're trying to do a perfect brrrr assuming 25% down. from a tax perspective, the multistate filings can get tricky.

Recent laws in CO change the financial responsibility from the tenant to the landlord and do not require the tenant to pay to restore!! 

how do i know this? 

Quote from @Drago Stanimirovic: If the market cools while you’re holding a flip, do you adjust your exit strategy, lower your ARV expectations, or just ride it out? 

My husband and I are both busy and not looking to have to help the tenant in unit a navigate her move and then schedule a fresh coat of paint and possibly update the carpets and all the little things that need to happen for listing.

You likely have your money in your 401K.You have the following three options with your current 401K balance1) Keep it there2) Roll it into an IRA3) Roll it over into your future employer's 401kIf you roll it into an IRA, you have the option to do a roth conversion.The same custodian who has your IRA should be able to do the Roth Conversion.I personally use Charles Schwab.

For those of you who’ve flipped multiple properties, do you typically structure your deals in a way where you always recover your down payment at the end, or do you sometimes leave money in the deal? 

my wife is experiencing the same thing and selected her sessions around the same time I did. hopefully the sessions we selected are still available.  

Many millionaires keep rolling deals forward to defer taxes indefinitely.Capital Gains Treatment – When sales do happen, long-term gains are taxed at lower rates (0–20%), and depreciation recapture is 25%—still less than top ordinary income rates.Add these together, and you can see how someone with millions in real estate activity may show very little taxable income even though they’re cash-flowing like crazy.Caveat: This doesn’t mean it’s easy or risk-free.