It's not impossible to succeed without a plan, but it would be like trying to run to the finish line in the dark, hoping that you don't collide into obstacles or fall into a trap on the way. 

It's impossible for anyone to give you a fully inclusive template because the definition is so flexible.

Blanket loans can be helpful as you only have one payment for all of the properties, however if you choose to sell a property, then you need to replace it with an identical property, which is almost impossible, or go thru the underwriting process all over again.

I have heard that it's near impossible to buy a condo now to rent out to someone.

If cash flow is what you are looking for specifically, you'll have a really hard or impossible time finding it here!

@Lawrence Robertson I could be wrong but a REO is extremely difficult if not impossible to wholesale, unless you actually close on it first.

Without knowing the comps its almost impossible to come up with an offer.

Hey so i have posted about 2 or 3 months ago about getting into the devlopment side of real estate with my father, we where looking to devlop a small to medium size luxury complex in NYC (where we live) but raising money has seem next to impossible.

Instead of incentivizing the REI community, they make us out to be greedy wall street type people and tax the ever living crap out of us and also make it near impossible to evict a dead beat tenant.

@Bryan Hancock  National HML have a hard time in very fast acting markets.. and I know in my state and maybe in yours.. our borrowers want to deal locally they want a local person.. client service is key to keeping your rehabbers happy and coming back... and that is hard to do when your doing it from a far and loaning by checking box's... we will beat the local HM rates by 30 to 50% on points and 1 to 3% on interest rate.. but again will only take the top tier borrowers... to get bank funding in our state is very very tough unless you already had a relationship with your bank or banker prior to 08 like I have.and then the banks are only dealing with those they know.. its still virtually impossible to be a newbie and get a bank loan in PDX unless your very well cashed up and local.I have seen some of the CF rehab loans with really high rates as you allude to..Those rates would get no ware in our market your correct