I have an occasional headache as I am sure everyone does, but so far (knock on wood) my tenants pay on time every month are not too demanding and take care of the place.

I sat down with a friend of mine who flips houses it Pittsburgh but comes down to Florida where I live to visit occasionally and we were talking about the differences in real estate in both of these areas.

I am a Photographer who also does high quality print work and framing for interior design dealers, and the occasional art gallery.

Occasionally you will find someone who: 1) can't afford their property anymore and is tired of the struggle, and 2) have enough equity in the property that you can make them happy while still buying at a discount. 

Not to say times haven’t been bad and occasionally terrible!

I don't know about your forests but in the Northwest Cedar is really high  then fir  then Hemlock then spruce .. saw log alder can bring good money occasionally.. but then you have the grand daddy of them all REDWOOD but that is a CA product.and you had big runs on Port Orford cedar that was used in Music instruments..  

I talked to the local police department precinct involved in the area and the officer thought the right owner could raise the bar for the neighborhood and that the crime they investigate are the usual domestic disturbances or the occasional car break-in and that the neighborhood is pretty good. 

I am planning to buy a Beach Condo which will be used mainly for rental (via a property management company), and also will be occasionally used by me.

My problem is I have had limited credit history.I have had a credit card with a $3000 limit that I use occasionally to fund bigger purchases, but that's about it.

But, I hesitate to use up what we have now on acquiring rentals and not have any left to acquire more or do the occasional flip for capital.So what we were thinking is to reverse that and try to get in on a couple of flip deals first to build up some more operating capital and then start buying rentals with the occasional flip along the way.