Anything the news tells you is a place to be is going to be tough to get really good deals.You have a lot of people flocking there to buy stuff and people that don't know the area and are just getting into investing will pay more just because they don't know any better if nothing else.So if you are wholesaling it will be hard to compete if you have to buy stuff at <65% to be able to sell the established investors at 70% when they can by at 75% to resell to newer guys at 80+%.

Whether you buy, rehab and resell or wholesale (as Mike indicated), you just need to know how to spot a good deal and jump on it FAST.

When you resell and if you have an agent list if for 6% commission and you have to come up with closing costs it very little to no money being made on the deal.If you have house that is worth 215k, you want to buy it at around 140k to150k fixed up.

When the market is being driven by short term investors looking for big appreciation gains in a short time period, then the market can become artificially inflated, with the short term investors just selling to other short term investors in a nasty repeating cycle that drives up the price of real estate.I don't think you're going to find many "short term" investors looking for big appreciation gains in southern California and then reselling to other short term investors.

They are looking to put a house under contract for well below market value and then "resell" it to their end buyer.

So you can't resell it and I highly doubt a property that upside down would cash flow.

I will be lending to the dealership itself to purchase vehicles, then they resell to others with either their own financing or financing arranged by the dealership itself.

I have no doubt that correctly reno'd to the tune of about 200K one could resell it for nearly 1M.

The researched methods I use to purchase and resell mobile homes are not well known nor are they advertised anywhere on this site.With all that said learn as much as you can about these acts and how to avoid breaking the laws.

I hope this makes sense.In addition if this specific buyer will only pay $XXX monthly (but the market will pay more) then realize you do not have to resell to the buyer that gave you the lead, however it would be wise to give them a finder's fee.