I found him while I was working on a rental and he was doing a massive rehab next door, I got to see his work in progress.

I explain it as rocks falling in small ponds that barely ripple versus warm belt states where giant boulders drop in the lake causing massive ripples (growth) throughout the states.

Gotcha, so really a big factor is having a massive amount of equity to protect. thank you for your response 

Some firm handshaking followed and I was able to acquire a duplex and a single family home in foreclosure, both requiring massive renovations.I drew the design by hand on paper, I worked daily with the contractor overseeing the projects.

Then we got to the time period where the the housing market was ambling up, and we took massive action in buying a number of properties. 

However, I have the price appreciations and I have included them below:Those cities have seen some massive price appreciations.Best,Brad

People see these big names of these massively successful people and they say I want to be a millionaire and I want to be there. 

Every property I've analyzed in the last 6 months would be massively cash flow negative at the selling prices (assuming 20% down)

I buy for location, and there are a few things that usually make me walk away - late last year I looked at something I was considering buying but there appeared to be a massive sinkhole developing at the driveway that was taking the slab with it - and usually those things are serious foundation problems, unsolvable/difficult to solve water issues, failing roof support system, no siding or severely damaged siding.

hey all, I'm a small time investor setting my affairs in order in anticipation of 1) retirement and 2) a global and/or national fiscal crisis.