Granted, no risk no reward but this isn't a quarter slot machine in Tahoe.

This is not a slot-machine, it requires more skill and care than just sitting down, throwing a few $$$$'s into it and sitting back watching everything make $$$$.

Basically CA is still on the PPP nexus which a lot of states abandoned.

As a result of "doing business" in California, X and Y have substantial nexus with California.""

I will give you the general specs for this neighborhood.Sqft - 1200 to 1600Beds - 3 to 4Baths 1.5 to 2Garage - 1 to 2 carBasements - Almost all of them have basements, usually the basements are half (poorly) finished, and need to be torn out and re-finishedSale Price of a flipped house - 70k to 110kHouse age - 1940's to 1950'sLot Size - .11 acresI have already heard time and time again kitchen and bathrooms sell houses.

I typically set aside one day a week that I let people who want to meet with me come take me out to lunch -- if Bob wants to come here the last week in August, I'll find a slot in my schedule for him. 

Holding my cash for future RE deals is my main objective, and I'm not dumping my reserves into a slot machine. 

I have all tenants have checks in my mail slot by 6pm on the first of every month. 

I want to google them first or run them through my lexus nexus to make sure they are on the up and up and are good people.these capture websites and companies with no principals listed no address no nothing.. well I just pass those up out of hand..

The auction is the nexus of all distressed property in my county.