Some might even say gambling.

There is money in that angle but I won't gamble without solid info.Thanks again.

I have a few properties in the UK where we live and 2 properties in Turkey.

I know it is not a simple swoop in and grab a bargain and I'm willing to do the hard work, but I'm in the UK looking for properties in San Luis Obispo county CA.

Calculated risks vs wild gambles that nothing will go wrong are two very different things.

As an investor, how many dollars are you willing to gamble?

Hi @Alex Harris,   I'm currently in the UK and was wholesaling in DC before.  

The IRS decides to audit Ralph, and summon him to the IRS office.The IRS auditor is not surprised when Ralph shows up with his attorney.The auditor says, “Well, sir, you have an extravagant lifestyle and no full-time employment, which you explain by saying that you win money gambling.

One place I lived had a 50% owner occupancy rate, meaning 50% had to to be owner occupied.. so it's kind of a gamble, do other owners live there or not?   

I wouldn't gamble on a gutted house unless I was planning on fixing a good portion of it myself and if the house was in a decent area otherwise I look for houses that have at least electrical, plumbing, a decent roof, and most the drywall in tact.