I think Duluth is a good if not great market but it means nothing if you can't execute.Hey Tim thanks for chiming in, yes I have friends in st Paul who frequent Duluth. 

Frequent hail storms pushing insurance rates up in that market. 

Quote from @Stuart Udis: The riskiest  strategy will be whichever new investment strategy the gurus come up with next to maintain a captive audience...can't wait to see what these creative minds come up with next.I don’t know what the next BIG STRATEGY gurus will come up with, but I do know it will include the following1.

It'll be easier to manage and you could have less frequent turnover. 

if you're in St Pete frequently you'll need to turn some of those vacation trips into work trips - networking, building a team, and trying to find a distressed property.but the trick is then going to be moving quickly if either 1) a distressed property hits the MLS (unusual, but not unheard of) or 2) a distressed property comes to you another way (from your network, from a wholesaler.)how you will move quickly enough to lock it down and buy it, if you're in RI? 

Traffic is horrible at peak our in certain areas and you will do well to look into that.Last i want to say that i have not really seen rents fall significantly in many markets, but in dubai i see it frequently.

The frequent travelers that like to do repeat business, cherish those basic things.

Fail often, fail frequently and keep-failing-UP. 

Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.

If you’re in the position to buy multiple deals because this nursing home may get properties frequently.