Hi - actually I'm not brand new since I joined about 6 months ago but never really engaged. 

I don't recall mentioning that I would engage in short sale fraud :) Short sales usually go thru best offer situation and they are posted on MLS anyway.

These are your lower income neighborhoods so only do so if you're willing to engage with these toe of tenants.

I've made the decision to move ahead and really start developing a business plan/strategy and to begin engaging with the BiggerPockets community and my local REI community.

I don't really see anyone actually in Solano that crunches numbers and concludes they'd be better off buying in Oakland or SF.I've got one gentlemen actively engaged in selling off his SFR and condo assets and 1031ing them into 2-4 unit props.... so far, all his purchases have been in Solano. 

The issue is that flip transactions are considered a trade or business activity, and if a tax exempt entity like an IRA engages in a business on a regular or repeated basis, then there is a tax known as UBIT that applies to the gains from such business income.

Through the CRE you can engage a buyers broker to find properties that meet the criteria suggested by the CRE.I know my advice is unconventional in today's instantaneous knowledge, instant satisfaction, guru worship environment.  

my rule, others may say otherwise but I'm not in the volume game, real estate is my current Business, and I prefer quality over quantity.....just fits my style best.

The leasing or rental of units in those two family homes in which the owner occupies one apartment of that home as his residence is not covered by this law unless: The homeseeker or renter is a recipient of public assistance or housing subsidy; or,The leasing or rental process utilized the services of a person or organization whose business includes engaging in residental real estate related transactions; or,The availability of such unit is made known by making, printing, publishing, or causing to be made printed or published any notice, statement, or advertisement with respect to the rental of such a unit that indicates any preference limitation, exclusion or discrimination based upon race, color, religion, sex, sexual orientation, national origin, ancestry, children, marital status, handicap, veteran status, or public assistance or housing subsidy recipiency.The following text is effective 07/01/93  

Engage a creditor BK attorney and have your past due amounts in line as far as what your tenant owes you.