What are some of the positives and negatives of doing so?

I typically walk away from a Lease Option agreement with $10k to $20k and a positive cashflow of $300 to $500 per month.

If such is the case I say offer away if you are positive you can actually close ( have the money or the actual ability to get it ASAP ) if everything is right.

Pooh looked at the positives of the moment - "People say nothing is impossible, but I do it every day".I'm a Pooh. 

Also, with vertical blinds a lot of tenants don’t understand that the blinds need to be in the open position first before bringing the whole stack to one side.

I understand that timing the market is not really a feasible option, and timing shouldn't have a huge impact over the long term.

Been reading numerous personal finance books and lurking BP for a few months now, but the savings are finally shaping up, so I've decided to take it more seriously :) I'm a recent college grad from the bay area who's been in industry for about 1-2 years now and I'm really interested in setting up a positive, reliable cashflow for myself to reach financial independence.

It's extremely important if you're not in the right position to execute, buy, whatever.That said, if you're short cash, there are investors, hard money lenders, etc. 

A lot of positive stories but moving from A to mid-west D is concerning.

Figure out how much they would have to raise the monthly fee to go from negative cash flow to positive cash flow and then to be safe I would double that amount and assume the Hoa fee will go up that month.