Practice on a flip when the odds are tilted more in your favor.

The idea of flipping excites me but I'm not sure how practical that is, given that we live in Bermuda. 

@Ben Allard I only have one daughter and she is seven years old - I'm sure its a little different with three so close together but I have managed this since she was a baby with my real estate practice, flipping and wholesaling.  

The BiggerPockets community offers practical information based on first hand experiences and connects me to other investors, especially in my local area, and I hope to make good use of it to learn more and to share what I can!

Doing this a a W2 earner in non-real-estate field is practically impossible. 

I'm not in the note business, but it seems on certain properties, buying the note seems like the best way to get control of the property which otherwise is stuck in limbo while simultaneously losing value because of physical deterioration and getting more expensive because of accumulating debt and new liens.I don't think a single note purchase is biting off more than I can chew, but don't know where to bite.  

I am currently in the process of educating myself to avoid scams.I have been introduced to a group of investors and I've been told that if I can help to find investors interested in discounted properties and are open to a simultaneous close that I can get my foot into the real estate door. 

Though I guess in practice that's the case with every NPN, Cheers 

There are also remedies that a property owner can make to minimize risk without the perpetuation of bad practices.  

But my best teacher was my very first practical test.