I have 6 month calls on TLT and redfin which should do well in the apparant recession that we are running headfirst into this fall/winter.I am out of long term stock market and my opinion is it is dangerous to be in right now unless you are going to stay in for years. 

I know some will differ here but I will offer my personal opinion like many others have.

Granted, I'm bias so take my opinion with a grain of salt.

I would like some honest opinions/ experiences from everyone about my crazy plan!

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

Having a long-term rental while living abroad is do-able.Flipping houses while abroad, in my opinion, more difficult, especially if its your first go around with real estate.I would recommend taking a flight and staying in the area for a week and inspect the neighborhoods and make connections.You can reach out to @Elenis Camargo who has a PM company in Jacksonville.Best of luck though.

I would love to hear other's opinions on this.

@Martti Eckert in our opinion, you'll need to be really familiar with construction, including costs, or be able to find somoen on the ground you can REALLY trust (but still verify).

In my opinion, you are going to find positives and negatives in EVERY MARKET and you will also find investors crushing it and getting crushed in every market.  

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)