It’s a terrible proposition and would be a terrible law if it were to pass.

During a rising market, it's ok to take on big projects that require more time, but this is risky right now because there's a chance that there will be a downturn while holding properties. 3) Make sure to have backup exit strategies on every deal. 

Only some high end homes (>$1M) are having some issues selling.What I see as the risk is the rate of progress for a flip. 

It comes down to value proposition.

@Blake SchierbeekThat’s a dangerous proposition.

It's going to be a little more risky due to the economy and the situation.

I know it can be risky because as a first time real estate investor you make mistakes, and still have to pay back the hard money lender within a time frame.

It's risky, but I think it just might work.  

Just like penny stocks, there us some appeal on paper, but there are tremendous risks.Conversely - A areas may have the lowest cash yields, but like blue-chip stocks, that's because they are high quality, liquid, and much less risky...and I'd recommend getting as close to that as you can, with your first investment.

It would be generally correct to say that residential real estate is somewhat less risky (safer) than commercial real estate.