The strong market demand in the area indicated a high likelihood of a rapid turnaround.

We have a couple renting a house in Minnesota who is consistently behind on paying rent but they end up paying the full rent within the month, staying just out of reach of agreement termination.

hey, just wanted to follow up on this,Did you ever end up buying in Venice?

I will have the property under my name and will not be placing it in an LLC since the fees seem too high for a young investor such as myself and I honestly do not have much to my name.

Hey Jeremy, the best strategies for high cash flow will also be riskier.

Pretty accurate but seem to me to skew a little toward the high side.  

If you're going after fix and flips then you'll need real estate-flip loans which are short term and high interest - in which case they care more about the property/deal than how leveraged you are (but they do still care, along with how much cash you're bringing into the deal) 3 - Similar question, same answers above. 4 - Yes... sitting on the market for 4 months is weird UNLESS that's the norm in the area.

Hopefully, it doesn’t end up being too terribly confusing. 

I’m still in the shallow end of the beach, focusing on helping fund EMDs on deals while I learn to dive deeper, achieve greater confidence to eventually swim with the dolphins and whales.

Those cheap areas look good on paper until realize how high turnover costs truly are.