Sometimes I find a diamond in the ruff there.

Pressure makes diamonds...

Hi Adrian,Well, lets say you owned one of those old flintlock rifles, and you went out in your backyard and tossed a yellow wrapped McDonald's Cheeseburger on the ground and started shooting at it.Then after a couple of shots, this dark sulpher smelling liquid started bubbling up (That would be Crude Oil--what they make gasoline out of).Crude Oil is a mineral (along with Diamonds, and Rubys, etc...)If you owned the mineral rights, you might become instantly rich, and your relatives might recommend that you move to California...possibly to Beverly Hills.

@Kesean Diamond you won’t be hitting the 1 or 2% rules in SoCal, but that’s not to say that cash flowing isn’t possible.

@Kesean Diamond Get a multi if at all possible.

I am looking for deals like this Mesa, AZ Deal where you see a diamond in the ruff which can be value add. 

. - You nailed every aspect of the process there....clearly you've done your homework and been through the process a couple of times.3-4 units with FHA will always be a diamond in the ruff here in Chicago. 

The neighborhood is critical, look for diamonds in the rough.

Make sure you're okay with being rejected until you find the diamond in the rough.Distressed properties with unpaid taxes may not be occupied.

People jump into the business with diamonds in their eyes and quickly realize it is a business and part time job.