ZachBiggest thing that jumps out in your post is emphasis on the sales price and amount invested and not a lot of detail on the cashflow numbers even though your stated goal is cashflow long termThis is a common trap, especially when making the jump from a retail buyer to an investor.

The emphasis on building a solid team around you can not be over stated.

I am 23 and will be graduating in May with a Finance degree with an emphasis in Real Estate.

So the emphasis is on your Realtor skills and how you add value because you know the market and know your contract. 

The last one actually has an example of economists attributing, with causation, that real estate values went down because real estate mortgage rates went up (emphasis on the "because," as opposed to "at the same time as," which are not the same thing, as highlighted by our "I rolled snake eyes, ______ I blew on the dice" example).

Personally, I place the most emphasis on crime and safety.

You hardly ever see this discussed, as all emphasis is on deal analysis, marketing, negotiation, financing.  

Emphasis on Home.

In my experience if you can find a good off market deal for someone to flip, or rent (emphasis on good) there will be other investors that would likely want to partner with you on the deal.

While this isn't the only reason a loan can do into default, it is also the easiest one to quantify for lenders and borrowers, which is a major reason there is such an emphasis on this aspect.