Also, Fresno, CA is in the top 10% of US housing markets for appreciation, at ~9% annually over past 10 years and expected to continue given the growth we have seen here, proximity to big cities in CA, cost of living relative to the big cities, high-speed rail to LA stopping here when complete, etc.

So you need to be local to know who is in the area and ensure your street doesn't transition down in quality...it can happen in 12-18 months before you can do anything about it.

I see quality tenants in the historic northeast, they get good value and like living in older buildings.

You can edit it, but be careful to not get too cute, the quality of your contract is the quality of your deal.2.

They want quality work , cheap price and done quick . 

@Sephr BemanpourRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Hi,How does one find "quality" equity investors for class B or C small multi-family real estate?

The Richest Man in Babylon by George Samuel Clason: “To attract goodluck to oneself, it is necessary to take advantage of opportunities” “Men of action are favored by the goodness of good luck”One of the most important qualities that I see in successful individuals is that they take action.If you do nothing, nothing will happen.Where do you need to take action in your life?

I went section 8 because I felt I was getting slightly more than market rents (for quality of home), and it would more than offset my annual inspection repair list that is mandatory.EVERY tenant I ever had apply for my rentals was a single mother with 2-3 kids.  

I own Speed Queen washer/dryer in my personal home.