Building codes change and labor and materials go up.

So we would buy the aceage and since the legal descriptions still called out lot and block we would just start to deed out the lots to get them on the tax rolls and the Assessor would change the maps. 

You need to change your pitch from a "Trial & Error" one too an "R&D" one.

we changed the driveway because of the cracked cements of driveway cause by the tree roots.

The only people who succeed at birddogging are the ones who learn everything they can and know it's going to be a low-paid slog so they do the work hard and one day it changes because you have earned more.

its funny how this changes with time and the market on BP  if you asked this question 5 to 7 years ago you get drowned out with the cash flow is the ONLY thing and appreciation is for gamblers my self I have always been about making appreciation games in RE.. by either value add building a new product or buying foreclosure and flipping or lending money and getting instant 12% plus returns . 

Hey Matthew,A lot has changed since you posted this but I also lived in New England and now live in St Pete.

Once you have a niche (this can change), start finding and analyzing deals in it.

As to others points rents will change with supply conditions.

Are they still buying properties themselves, it keeps them aware of the market and changes 2.