While developing my skill set I've also been lucky enough to be a part of meetings with some very successful investors to learn from.

Some can make up the fact of using poor or invalid contracts by thier salesmanship and social skills leading a seller and buyer to a settlement, but that is not always the case.

If you are in the business of flipping property the immediate market could have more to do with your success or failure than your skill.

I paid double rent for my grandma this time last year when we had to move her to skilled nursing but thought she might move back to her apartment.

Especially without a skilled attorney to help you.I feel like you've got to go for 1) first.

That is not an assumption you should take lightly.Another approach, which requires some leadership skills, is to buy a great complex a large discount because it's on the edge of an undesirable neighborhood.

If you had a mortgage note at 3.5% and 7 years from now rates were at 8.0% and you failed to jump on the train along the way other factors will have played into the game.

What are your skills and interests?

From what ive gathered on this forum its all mainly up to you, what your skill set is and what you know about the real estate technique you plan on using.

I'm trying to convince him to flip one; his money + my skill, time, and energy to rehab = 50/50 split profit.