My gut tells me that military presence might not be a big benefit to the pure flip model.I think military tenants are a great way to go, especially when you can attract a little bit more senior folks (E-4/5+ and O-3+) with families.

I recently took action and bought my first pure investment property in Pensacola (from overseas).

Approach it purely from the aspect of trying to protect the assets and common areas that everyone has ownership of. 

And no it is not just pure speculation to invest in CA real estate ... there is a science to it and done properly it is highly repeatable.

,I agree the stock market may be correlated and not necessarily pure causation.

Out of pure curiosity, how did you sell the deal?

It's all fixable. the floor is bad in a few places... that wall in the kitchen must have had a leak for MANY years because the 2 "sistered" joists in the basement have sheared off where they meet the concrete foundation. can you imagine rotting and shearing off a 2x4 standing on the short end just by pure weight overtime?

I was selling electronics on pure commission working part time making $30K a year in 1993.

Hi Chris, wow, you are more than ready for out of state turnkey, I think you wield a special advantage over many other investors in the marketplace, purely due to experience. 

Capital outflows from China are massive, and I'm sure that a percentage is pure money laundering.