I did mention that the main area where buyers get taken advantage of is re the price....   

Those two factors work in you advantage allowing you to charge rents that let you cashflow when others trying to get in the market couldn't purchase a similar house and make the numbers work. 

This feeding frenzy has driven up park prices and there are fewer and fewer Mom and Pops to take advantage of. 

Hard to produce cash flow or break even with that much debt, at that rate.House-hackers, however enjoy certain one time (non-scalable) advantages that should be taken advantage of in the early days: - They can assume pre-existing debt like VA and FHA Loans (rather than take it on Subject-To which is dramatically riskier).- They can rent by the room and self-manage to produce day 1 cash flow.- Many of these HCOL areas also have strict limitations on AirBnB or short-term rentals... that do not apply to owner-occupants - thus allowing for extreme cashflow potential for house-hackers.

(A huge competitive advantage for the little guy.

Analyze deals, build your network, and educate yourself constantly.If you have access to unique resources (like a VA loan, FHA Loan, or 401K), use them to your advantage!

A revocable trust offers excellent estate planning benefits but provides limited liability protection and no tax advantages, while irrevocable trusts provide stronger protection but less flexibility.

This is a great place to learn and to connect with people so take advantage of all the great resources.

It allows you to take advantage of a low down payment loan.

Listings come from nurturing your database for years, so if you are new, you have to pick a niche or an area that you have a competitive advantage in.