HOWDY YALLGarGus it sounds like the Austin area is making a good comeback or at least the start of one.I remember when I took my ABR over there everyone was dealing with contract wars and then the high tech crash came.BCS is still riding the wave and building is going on everywhere.Especially in the commercial arena.Land has gone up steadily which has escalated prices but this area is still undervalued compared to most of the places folks are coming from.It is common to see people buying with a good chunk left over from their out of state sales proceeds.Investors in rental properties are not as happy as they once were as the escalated prices are making it hard to get a good return without putting more in.The junker market has alot of inventory for those that rehab.Some Ive seen as low as 22000.The lots are usually good size.(10000 sq ft and bigger).Locations most of the time are iffy.High end rehabs are coming into the picture more now.Wealthy College kids live in and trash expensive homes that their folks buy and then wind up selling them cheap to cut their losses.Ilove this country.Well im off to NYC for 2 weeks of R&R with the family.Hope yall write a bunch of clean deals while I'm gone.Adios.Jennysh thanks for the website on your condo hotel its a beauty!

I too am from Ohio and there are numerous people here rehabbing.

Learning how to locate them is sometimes the hardest part, but the most fun as well.When I'm searching, I find them in numerous areas, through numerous venues and with quite a bit of work.

if you rent properties, the advantages are numerous.

Some books I would recommend are here (including, but not limited to):"From Pieces to Weight" by Curtis Jackson A.K.A. 50 Cent.I have read numerous books on investing, money, asset protection, stocks, and business and I must say, this is a great read for the business-minded person. 50 is a great business man and it showed early on in his life.....and it obviously shows now.

According to the Biloxi website there are numerous contracts in the works for several large casino resorts in the area as well as large high end, high rise, beachfront condo complexes.

I would be surprised if your area was a 5 GRM, unless of course it is a war zone.

It blows upthe post-war arrangement with Japan.

:D Dawave, it sounds like you might be looking at a "war zone" area, which I would recommend staying away from.

But if he pits another broker against me and trys to cut this and cut that in some kind of price war .