There are pockets that are good (Orange County, CA), and buyers are starting to drive up prices in certain price ranges.

Raje, is there a specific property type you want to buy in Orange County.. ie, did you prefer single family homes, multifamily housing, retail, industrial or office properties?

I'm not having the deductible problem as much as them wanting an arm and a leg for premiums.

In Orange County CA the good deals are very rare, and prices are going up.

My accountant told me I can call an orange a tangerine and argue it.

When the market collapsed, we moved from an area where we had lived most of our lives, in northern California, to Orange County, CA, which we knew nothing about!

And, BTW, if you do that I'd suggest you look to some professional loan servicers and contract with them to do the leg work for you.While there may be some good books out there that hit on how to negotiate a note purchase, how to find notes and what all can be accomplished with a note, much of it may be outdated.

We leave the orange and white tag on the pull string to show tenants that they are new blinds.

Ultimately, there is no replacement for experience and hard work but I feel like I should understand the basics thoroughly for myself before it should ever be necessary to have someone else do my leg work for me.

Our electrical grid is on its last legs and there could be civil unrest or a terrorist attack.