Between the mortgage fraud that makes it hard to get loans in those areas and makes proper valuations nearly impossible, to "professional tenants" that know the laws are heavily in favor of them.

I lice near La and do my buy and hold investing out of state.

it just doesn't makes sense unless they're doing this rental thing as a short-term (3-5 years) gig.and we also know, they are dumping 20% of their inventory on the west coast where last year's appreciation was phenomenal.quite a few of their homes are near where I live...the taxes alone are $9k a year. the rents are anywhere from $1700-$2k.none of this makes sense...so my only reasoning is, they're trying to boost the appreciation by further tightening inventory.CNBC doesn't comment this might be happening when they broadcasted it. am I off base here or are they actually helping the recovery?

That's where there's widespread knowledge of the property's availability and because RE agents are involved, pricing is usually at or near retail.

There are a ton of cheap $40,000 - $50,000 homes but they are trash and would end up costing a ton of money in repairs and be constant headaches.How would you suggest I arrange the financing to get the most bang for my buck?

The more new construction going on, the less likely that the type of properties I'm talking about will be near the median.

The down payment is still yours in equity and, on this deal, you had nearly an equal amount of equity in the deal that doubled what you would have put in it upfront.Double ... that's 100% (unrealized) ROI before any other cashflow down the road.

I don't see much near that in my area except in parts of town I'd rather not invest in.

I can already see the Spaceport of the amazing spaceship "Enterprise" in the near distance, out in one of our beautiful and magical deserts (if you haven't seen the movie, it's awesome).

One US dollar is worth roughly .0011 bitcoin, but the value of bitcoin is constantly fluctuating.