Hagerstown you might.Keep in mind though that a 10% cap rate in today's environment is likely indicative of a high risk property.

I was wondering what kind of warranty return I might expect to see when the 3 year comes up and most likely we are in a rising interest rate environment. 

Conversely, IMO, if they DO WORK, then the environment doesn't matter all that much.Yeah, I'm asserting that California issues, Class {b,c,d}, the street appeal, and your exit plan can all be factored into some $$ value that leads to a go-no-go decision on the REI. 

To break it down very simply, architects see buildings as environments for people to house specific activities while real estate professionals (developers) see buildings as investments. 

@Andrew Michael  your are exactly correct the PUMP and DUMP due DILIGENCE schemes are rampant on sites like this.think about it  is there a more target rich environment for scammers than BP a site that is loaded with first time folks who even make post that they are first timers and new investors .. what is a very innocent post turns out to be a lead for a scammer...

There's nothing you can do to effect the economic environment around you.

Have not hung my license yet, I’m currently in the interviewing phase.I’m really looking for an office with a mentorship environment at this point, since I such a newbie in RE.As far as an area I’m looking something in theDuPage County- Elmhurst, Oak Brooke, Glen Ellyn etc.

I have always loved working with my hands and I am looking to gain financial independence by byielding my assests, and real estate renting seems like an awesome environment to do both.

If you are OK with paying taxes now you can invest in a tax-free environment for the rest of your life!

Not only does this create a less fearful first contact environment for the seller, it also helps you qualify them before getting on the phone and best of all allows you to capture their phone number even if they don't leave a message.Although not directly related to finding the deals, I would add that in any highly competitive area speed and personal touch can make a huge difference.