Well, I have seen flipping work, but it is speculative; and when a market tanks the speculators who are still holding the bag can get reamed. Especially now, with housing prices going up in the major markets mainly because of lower interest rates. If rates rise (_when_ rates rise, that is), prices will fall or at least stagnate. So when you do make plans, do allow for an acceptable worst-case scenario (for example, that you can afford to rent the property at a loss for X months or years if necessary.)
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