I don't think the market is a huge factor UNLESS its a SMALL/rural market where filling a vacancy could take longer because of low/inconsistent demand. 2.

Focus on neighborhoods with strong rental demand and growth potential.Also, make sure your numbers work—factor in all costs, including rehab and holding expenses, to stay under 70% of ARV.

By-right uses are much simpler since they don’t require additional government approval beyond standard permits.Development Standards: Once zoning is clear, factor in the regulations such as setbacks, parking requirements, density, and other local standards.

Love or hate DR he exposes the reality of being a real estate speculator he was a house flipper who bought foreclosures. 

They screen animals and give a FIDO score based on several risk factors.

You only need to get around 4-5% when you include leverage to equal those returns you cited and then factor in tax advantages and you are exceeding those returns. 

One false move on your part could jeopardize your entire claim and expose you to potential liability.

Are they doing everything possible to expose properties to the broadest possible market?

A 1031 exchange is a great way to indefinitely defer the tax and use it to grow your RE portfolio, and build long term wealth.The most important factor in a 1031 exchange is that your qualified intermediary must be in place prior to the closing of the sale of your old property.

Staying local would make capital the limiting factor where my restrictions out of state would be additional research.