32209 offers low rents, questionable tenants, crime, drugs and run down properties...and yes probably cash flow.

Most people that are successfully flipping have a flipping business with either employees on staff or enough work lined up to keep a GC happy for 6 months to a year.Its a tough business to make money in when you are doing one project at a time from a distance. 

When the account runs low we get them to replenish.

Even an agent won't typically do these unless you hire them to place a tenant.You seem intent on being cheap, thinking you have to be to save money. 

Hello Everyone,I currently manage a highly successful short-term rental arbitrage in Houston, boasting over 170 reservations in the last three years.

Run the numbers.1.  1031 exchange.2.  

Purchase price: $440,000 Sale price: $675,000 Purchased with 5/5 ARM, no money down and walked away from closing with $4,800 in pocket.

I'm 18 and don't have access to a ton of money (30k).

How is private money lending currently influencing the real estate market?

For me there was no excuses I'd accept, you need to see inside to verify condition and run repairs.