Can a sump pump explode?  

The popularity of real estate investing has exploded so your lower rung properties have increased competition and you will always be bid out of the properties is your trying to buy using a "70% rule"

LA for example is not known has a huge BIOtech area...guess what is now exploding in LA , biotech industry investments.

We just hit the charts in a bad way though as one of the fastest growing cities for cost of living, but it's because of exploding housing costs.

That whole area is exploding right now.

The trick of course is to get into those areas ahead of the rest, before they explode.

During the entire process I've read every book I can get my hands on, cash flow quadrant, rich dad poor dad, build a rental property empire, millionaire real estate investor, set for life.My head is literally going to explode. 2% rule, $100/door, DSCR, Cash on Cash, it feels like you can manipulate any number you want to make a property fit one of the categories, and everyone says to figure out what works for you. 

The market has exploded here and comps are in the $350s right now - our home could easily reach $375k.Our mortgage is our only debt, we both have 800+ credit scores, my husband is a Professional Enginer and I work part time...

Hi @Elex Price,I don't want to discount his agent or the area because I am not local and there could be some real solid reasons that area is going to explode (Huge employer coming to town that pays well), Vacation destination incoming, "gold found in them thar hills" etc.But as a general stance I agree with your worst house in a good neighborhood.

There were so many sub-prime mortgage companies exploding in growth.