There is also a risk of something catastrophic happening to the entire area (think Joplin or New Orleans) that could ruin your whole business.

I forgot about the changes the Feds made after New Orleans.

They (hundreds of them) will be walking around at the Sheraton New Orleans, September 9, 2011 9:00 AM.

In doing some reading I saw that Sacramento is the second most vulnerable city in America to flooding (first is New Orleans).

Investment Info:Small multi-family (2-4 units) buy & hold investment in New Orleans.

We've committed the cardinal sin and paid the contractor before the work was finished. The contractor walked with the money and never finished out the work and the permits. This was an FHA 203k Loan. Is this worth bri...

Some friends of mine are currently doing the exact same thing in a gentrifying neighborhood in New Orleans.

It's a 4bdrm/3bath just outside of New Orleans.

Paul, MN$165,09438Louisville, KY$164,23239Atlanta, GA$163,95240Pittsburgh, PA $163,23741Durham, NC$163,19142Milwaukee, WI$162,47643Minneapolis, MN$162,36244Tucson, AZ$162,15945Phoenix, AZ (Tie)$159,55445Mesa, AZ (Tie)$159,55445Chandler, AZ (Tie)$159,55448Madison, WI$157,90149Colorado Springs, CO$154,97150Boise, ID$154,19951Philadelphia, PA$153,16052Detroit, MI$153,14053New Orleans, LA$148,52854Aurora, CO$148,12155Denver, CO$148,08056Bakersfield, CA$144,71857Miami, FL$142,96358Plano, TX$139,99859Anchorage, AK$139,50860Chicago, IL$139,45261Baltimore, MD$135,79862Newark, NJ$131,58463Sacramento, CA$131,35064Stockton, CA$127,46165Portland, OR$120,54266Arlington, VA$116,43067Seattle, WA$115,34768Boston, MA$108,99169Oakland, CA$105,22370San Diego, CA$105,15171Washington, DC$101,86572Los Angeles, CA (Tie)$101,63572Long Beach, CA (Tie)$101,63574San Francisco, CA$82,77675Honolulu, HI$82,67276New York, NY$82,421

There were no upfront fees and I'd provide the capital and the training.I had 12 takers from all over the country, from New Orleans, Chicago, San Antonio, Dallas, Nashville, Seattle, Albany, Amarillo, El Paso, Charleston, Columbus, Indianapolis etc, etc.I gave an overview and all agreed to the program.