Analysis Paralysis-Flipper looking for long term holds

[Jeff Wallenius]

First post so here goes!  I've spent a good amount of time reading through posts here on BP and I'm truly amazed at the levels of wisdom and knowledge that everyone is willing to share. 

I have been flipping homes on and off since 2005 in the Portland, OR and surrounding markets.  I really picked up the pace this past year and now I'd like to pursue long term hold strategies.  I can find deals that cash flow in Portland, typically the homes that I rehab, but I'd like to continue to rehab homes to create the income to purchase hold properties.  I've researched turn-key properties out of state, I've pondered Multi-family in Oregon, and I've considered Commercial properties as well. 

I know this is a stupid question, however I think I've analyzed myself to death and can't decide where to pursue properties that can return me a 12-15% return.  What insight can more knowledgeable investors provide?  How can I make my dollar stretch further to maximize my leverage?

Thanks in advance!

[Elizabeth Colegrove]

Although personally we self-manage very well out of state. If my husband wasn't active duty navy, and local being relative. We would buy only locally. We buy short sales because we get equity AND we buy in areas of appreciation so our rents keep up with inflations and costs. Honestly you need to figure out what is important to you and go from there.