My biggest challenge right now is deal flow as I am trying to get into flipping and the sale side is pretty rough in my market currently. 

If you flip again make sure a legit company does it to help ease future buyers

I would like to do a combination of both flips and rentals depending on what makes the most sense for the property location and needs.

But on the flip side the lake keeps our summer temps in check.This year will be a la nina pattern, so let's see if that makes a difference. 

I know I want to start small/slow with one project (either a rehab/flip or a buy/hold long-term rental) and invest only in areas that I know or live (Los Angeles, Orange County, CA) at least in the beginning.

We have a flip that we completed and like so much that we are considering moving into it for a personal residence and refinancing it to a primary.

Are you thinking more buy and hold or flipping strategies?

If you are really serious and have the fortitude to succeed as an investor, please do you due diligence, continue to research your niche whether it be Fix and Flips, Wholesaling, Buy and Hold, etc, try to find a REAL MENTOR who is not money driven who will actually help you by giving you the real DATA you need to become a success and meet whatever real estate goals you have set out for yourself..

Hey Kevin, when it comes to flipping houses does a bear market or high inflation period have a different affect, or is it still a safe investment?

I used to flip in FL before I moved out and looking to get back into it so this product seemed pretty ideal since interest only for the first 10 years.