A quality renovation can produce a high-end product that brings in a hefty profit. But let’s be real: flipping a house isn’t easy—it can be full of risks and unknowns. Will you uncover termite damage beneath the floor boards? Do the soffits in the kitchen above the cabinets contain ductwork, or are they simply filling the gap between the cabinets and the ceiling? Is the pool in good condition, or will it need to be resurfaced? Although flips can come with many unknowns what you can prepare for are the rules and regulations of your community’s homeowners association (HOA). While