(Click to enlarge.)So, if you purchased a property whose characteristics match the housing requirements of the Transient segment, you would likely lose a lot of money—no matter how cheap the property.

Particularly if I make them mid-term rentals for traveling nurses and the like.Does anyone have experience with ADU's being added to 4-plex's.  

Generally places with high cash flow on paper are cheap homes in not so great areas where you have higher turnover, damages and real cash flow is lower.

I am open to both the Gulf side or Atlantic/east side of south Florida.I plan to travel to FL early next month and want to have some idea of good cities/regions to start with.

This enables me to collect points and travel for free.

I like the Share Group for skip tracing, its not cheap, but great data is worth gold.

Realize you are likely going to use CA Fair Plan (due to fire risk) and that is not cheap.  

Buy a cheap pair of decent basketball shoes and a ball. 

There are a lot of note buyers out there in the secondary market that like owner generated paper.. if you buy cheap enough you can still do very well with the higher returns those investor expect.I help my land flippers I fund do the same thing even today.. 

I've also renovated another kitchen to just have white cabinets and black finishes to keep things as cheap as possible.