Depends on the size of the job, but I am a big fan of a draw schedule where the first draw is after the demo phase. 

Occupancy can be off the charts in places like this because there is so much activity or reasons for people to visit during what would be slow days of the week and off season months. 

Not enough people to generate the demand to sell enough houses for that size property and not enough people for a factory or something to come to because they wouldn't be able to get enough employees from the surrounding areas.Is that a good hunting area?

There have been times when a filter was delayed or a resident receives the incorrect size. 

"It's the perfect size for my family of 7, our 3 pitbulls, and our old RV".

Check out population growth charts, jobs, etc in these areas. 

But assuming its a stable but growing market, every dollar of Net Operating Income you are able to force is explosive to the underlying asset value.Under both of these scenarios, you do not need to syndicate as long as you don't go too big on the deal size. 

This is too important and also sort of a personal question depending on your state and specific circumstance and I suspect not a one size fits all answer would suffice. 

This might make sense depending on size of rentals and # of LLCs that are required to file - need more info to help.  

As far as property type, for flips I like middle sized houses, 3/2 around 1500/3000 sq ft but not married to that.