LLC for flipping is also not the best idea in the world, you would have to pay self-employment tax, I would rather form a C-corp.

I am a student without employment history but I was fortunate to inherit around $80000 from my grandfather.  

Also, if he gets hurt on the job and you don't have workers comp to cover him, you could end up in a nasty lawsuit.Basically, consult a good employment attorney unless you're 100% comfortable with this structure...

Look up the employment mix of jobs and crime stats.

Or do something that makes you highly employable (a 2-year med tech degree??)

Also had people who just got divorced and had a lump sum but didn't have steady employment yet.

I am looking to purchase a new property this year and I am trying to employ some old strategies when buying but I am not sure it is valid anymore.Washington DC has notoriously bad traffic so I put a premium on properties that are close to the subway, and there's this one property that is a few blocks from a proposed new subway line in suburban Maryland.

Do you have an insurance agent or another self-employed business owner who could refer you to such an agent?

The fact is it is not free tax payers are paying to put you through school so you have a responsibility not to waste their money.Go to school to achieve a employment goal or get out and find a job that will hopefully finance your investing and maybe enjoy.

Look at school districts, employment, transportation links, appreciation over 5 years, etc...I invest in only a narrow geographical area, where I live, so I already have a good feel for the quality of areas.