Mom and Dad can even chip in the 3.5% on an FHA loan, Brandon Turner says we all have advantages, exploit them.

Especially in a hot market like Houston, that could be an inefficiency you could exploit to your advantage. 

But I can certainly find and exploit market inefficiences.When Ross Perot was building his mega-succesful company many years ago he stressed the importance of recruiting the right personnel.

"These news stories are only tip of the iceberg in terms of Carona's exploitation of his office for his own personal gain," said Minns.

They are out to make money and to exploit the unknowning Landlord.

What is your "unfair advantage" and how will you exploit it and where?

Because, like I said, this idea that some how the street level investor found some idea to exploit is dangerous and silly.

It makes it easier to make sure you are exploiting everything.

The best strategy in these areas are reverse short sales where there is an exploitable spread between the short sale price and opening bid at the foreclosure. 

This is a competitive advantage on the rehab side, and you should exploit it, which could make all the difference in making a deal solidly profitable in a hot market like Austin.You should look very seriously at doing some retail flips initially rather than just trapping your modest capital into a slow-growth rental strategy.