I'm basically going to be targeting rehabs and potential long term development plays or retail cash flow plays.  

Today there’s a virtual industry around it - such as this website. 2) It’s too easy to buy a small m/f property.

The equivalent of ambulance chasers of the housing industry in SF, I guess :(Good advice above btw.

If you are looking for someone as excited about this industry today as you were when you first started, that's me.

However, the fam member installing them for me is only a licensed HVAC contractor in FL so he's been unable to buy the units at the regular retailers that would regularly sell it to him (like Bryant, Johnstone Supply, etc).  

(b) these persons that would have been non-productive are now productive (c) people are getting trained and learning employable skills (d) companies are highly incentivized for GROWTH (e) you've effected stimulus in net housing production but with NO added tax revenue draws because it's via an offsetting factor AND arguably a potential net GAIN via expansion of industry leading to mor employment and more income tax revenues. 

You will just likely be looking at a LOT of houses to find one that is marginal, at least for my return needs.Secondly, along these lines: in the neighborhoods I know and invest in, the demand from retail buyers is still very high, and inventory is low.  

With the completion of Loop 303 in Goodyear that connects I-10 to I-17, it opens up quicker access to the industry and jobs that TSMC and many other projects in the west valley have created.

However, the new Community Development Grant (CDG) program simplifies access to critical funds, offering three distinct grant categories:-Small Grants (up to $250,000)-Medium Grants ($300,001 to $5 million)-Large Grants (over $5 million)These grants can support a wide range of projects, including office, retail, cultural, industrial, and mixed-use developments of more than 10+ housing units with ground-floor retail.

I'm located in the Southern California area...Orange county to be exact.I would love to see a copy of financial statements from someone in the industry, so I can simply see a example of what type of expenses & margins I can expect..