Second Question: Because I have capital to invest I'm debating between starting with a 10+ unit turn-key professionally managed investment package (which, by default, would mean joining with a group of investors out of the gate) to get the cash flow rolling and using that cash flow to compound the acquisition of new SF and MF properties on my own.

Hi, If you are buying in Iron Gate in Alleghany County, VA, please pm me.

Spatially, too, the rise of gated communities, sprawl and the extreme residential segregation by class and race keep those on top from knowing much about those on the bottom - a form of "American Apartheid," as Douglas Massey and Nancy Denton's 1993 study so aptly put it.Race is its own barrier.

we are not flippers of contracts we are value add and builders / developers so I would think you have to qualify the intent out of the gate..

I couldn't agree more with @Mike Cumbie about it being better to walk away and lose your Inspection Fee, than lose money over and over and bigger right out of the gate.

I am interested in Compton, Lynwood, Inglewood, South Gate, Bell, Huntington Park, N Long Beach...anywhere except Los Angeles city.I will live in one unit to start, and I'm not rich, but I would like to be.

"It's going up for auction (starting) at $50,000"These two items should make you stay away from a meth property.Making a bad investment can wipe out your other good ones when starting up.Don't go out of the gate too fast too soon.Let someone else make the mistake of overpaying at auction.

On the other hand, I could purchase a fair number of the houses and turn the place into a mini gated community.... :)

We put in power gates & kicked out the riffraff.

First it was the roof shingles, then the new vinyl windows and even the gate repair and landscaping.