Could not figure out the logic to it, but had I knew the property went from PENDING back to AVAILABLE or to FORECLOSED, I may be able to do something in retrospect.So just curious to what others are doing on keeping up with the MLS.

There is no strategy that is so unique or informative or secretive that someone with a bit of creative thought, one with logical thinking attributes could not figure out having a good command of basic real estate practices.Now, I'll yield to marketing, yellow letters, advancing and promoting yourself, phone systems, the generic business stuff that is not really so much an issue in RE, or such hardly regulated areas.

(same logic.. instead of incurring vacancy + re-lease fees...

By that logic, it sounds like not owning any property is the panacea of real estate investing... :-)Regardless, as I say above, this is a tangent to the discussion the OP started.

If I believed the logic put forth by the Author of Aftershock or others like him that have been banging the same drum for years I would have missed many opportunities and be no where as near strong and have near the growth as I do at this point.

contractor for 15 years do the roof first that the area most water can come in and you want to stop it as soon as possible ,logic it rains from the sky so the top of the house will be the first to close up, window next but if there not some standard windows that take a few weeks to come in move to sidding use cheap ply or osb to cover into the windows come , time is money and you want to stop water before you put any finish items in.

Other than that you are right.The more logical route flippers take is:1.

Am I way off in my logic?

Am I way off in my logic?

Also none of my calculations include repair to get the property up to standard so keep that in mind.Just my 2 cents but I am a newb so if you can shoot holes in my logic let me know. :) BTW damn real estate in Southern California is expensive how does anyone make any money out there?