Most CA investors buying out-of-state are buying in markets they aren't familiar with because that's just how the markets play out as far as where is good to buy.

I do not play at this level yet, but are lenders typically OK with the owner financing aspect outlined in this deal?

I thought the fact of chasing rent from people that could care less about paying would not be fun.. also to have the property appreciate.. the neighborhood would have to as well.

If you are dead set on playing the appreciation game, don't.  

A little voice in my head told me to give it time see how it plays out. 

(which makes learning from him a lot of fun!)

After finding an experienced investor, through BP actually, we played hard money lender on a flip to get our feet wet.

Well it finally sold.How do I play my cards right to come out on top?  

And if there is anyone here who is in the Eugene area I would be happy to buy you lunch if you wouldn’t mind sharing your knowledge.Since this is my first post I’ll pick a question from the Famous 4 and tell you what I do for fun.

I wouldn't place it in the main areas but I would use it in the mud room and play areas.