I don't know where you are at, but earnest money usually goes directly to escrow here in California, but if they want to pay you directly and try to find you later in Vegas, that works for me.

My name is Enzo, I'm 19 years old and I have about $12K on hand, continuing to work full time, and looking to get into real estate and begin building my portfolio ASAP.

This is important to know.

Your primary residence - if you've lived in it for 2 out of the 5 years prior to selling you'll get the $250K/$500K tax free iike @Clint Galliano said. 

Many of the cities are now requiring someone to be a Local Agent in Charge if you don't live in Cuyahoga County.

Brett,Welcome to BP and good for you to aspire to invest in Real Estate. 

Reach out to @Dave Foster.

.: Hello Everyone, I am trying to understand what causes certain return targets to be placed by investors.

The best market is likely a "Good" cash flow market that you have some ties to, in some way shape or form, or one that is a reasonable drive from where you live, if practical/possible. 

@Donald Hatter   It is always ideal to purchase property directly under an LLC to avoid the need for a subsequent deed transfer.