The house located in nice South East Whittier, CA area bordering Fullerton / La Mirada / La Habra.

It's fine to invest hoping for appreciation, but counting on appreciation as your sole business model is gambling with all the risk but none of the fun.If you want to keep it, I'd consider using it for a vacation rental. 

Many wholesalers, developers and private sellers from around the United States and around the world use me as their international marketing partner.I have sold properties in every continent of the world and have clients in all time zones.I am a member of the National Association of Realtors and I am a Certified International Property Specialist (CIPS).Having clients from all over the world I am well versed at cross border communication and knowledgeable when it comes to cultural differences.Iain Stewart 

Just got a second place in front and borders my land Bought it to add to what I have and the extra privacy.

a few days late since i am super busy with the current rehabs, but closed on #19 on thursday night. worked on it for awhile with the listing agent and the brokerage. they apparently have a great relationship with the feds and kept trying a few times to get the best price. about a month+ ago, it was listed at 72k, i believe. then a few days later it dropped to 64.9k. i offered 52, but they didn't take. they said they had another offer. then i offered 55 and stuck to it 3 times in a row. they said best they'd do at this time was 55.5, so i took it.it's in Garden City, but on the border with Westland. it's on a cross road (one that goes between 2 major roads, so that will push some people away. numbers look like this:purchase - 55.5krehab - who knows, after 18, i still can't estimate properly, but i am hoping $20k at mosttaxes - $2,500rent - average rent is $1,000the problem is that i am out of money right now and can't touch it until i am done with the latest 2 rehabs. i might do a little here and there like demo and cleaning up the yard of trees and such, but no major installs until we are done with the latest 2.my goal was 20 a year ago. i am close, so i just need a new goal.

That is a gamble.

http://www.indy.gov/eGov/City/DMD/IHPC/Districts/Historic/Pages/irvington.aspxIf your prospective property is on S Spencer St, you are very close to the western border of Irvington.If you are trying to assess the market value, have you pulled MFR comps for it in the near vicinity?

@Justin Windham Enjoy your vist, please don't judge our state solely on Myrtle beach or South of the Border.

Also, there's a place called gross pointe which borders the east side of Detroit; cross 1 street and you go from burned out husks and grey concrete to green boulevards and $2m houses. 

Its the same as those that go to VEgas and call losing money gambling  as but hey " its entertainment" never got that one either.