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Seems like a lot of effort and risk for pretty low returns. There's a lot of ways the costs and your figures could blow out too. I think you really, really need to know what you are doing to have a good crack at this. And finding your own properties too. If you don't know the market well...

I imagine it would be difficult to make money flipping even if you were experienced enough to source your own properties, and project manage your own renovations to save costs. Can't see how it could be done with extra fees for a BA and renovation management fees. Have you done your own...