Go for cash flow , appreciation is icing on the cake 

The most important thing for every investor to get you through your first fix and flip deal or 100 th deal comes down to experience and credit.The higher the credit the better pricing terms are.Usually higher credit less down payment to bring to table.Lower the credit higher down payment to bring to the table.Experience is the icing on the cake and can overcome credit issues in most cases because the lender can see that you know ehat your doing.However if credit is to low or negative the pricing may still be a little higher relative to what a prime borrower will get with significant experience and credit.So all in all its a sliding scale credit plus experience is the golden ticket for prime pricing and the most leverage.If either of these are not ideal...No problem pricing changes where you may be charged higher interest relative to a prime borrower or have to bring money down or pay monthly interest.Its all relative to your deal and scenario and gameplan.

Obviously, it isn't a cake walk finding deals especially in semi-coastal areas and California in general, but if anyone has any insight or if anyone is willing to share their experiences with the current climate I would be really appreciative.

Who are you going to suspect when your booze tastes watered down or half the cake you left in the fridge goes missing?

Piece of cake!

But I see the current TK and out of state parallels big time in the same subconscious reasons folks move for less expensive properties out of state.Not to mention its pounded into everyone's head that the way to get wealthy is to buy RE and the best RE to buy is cash flow appreciation is the icing on the cake..

I feel the LLC's entity protection are caked more in theory than actual practical business.  

Mocho talk, but no substance in reality.It's not that Dems try to break business so much as business tries to get away with soooo much in the first place, called greed, and if we had the business attitudes and morale compass say of 1985, while the people would still be getting screwed over, the main thrust of such business would not be to cheat a dollar out of people and let them eat cake!

I would not recommend counting on appreciation but consider it icing on the cake.

I'm focused on cash flow and consider appreciation icing on the cake.