"Our" resentment toward Chicago stems from the perception that Chicagoans tend to act as if we are insignificant and they are better than us.

All of this stems around good experience in putting the trade together, which is always a fair amount of work and takes a decent amount of trade experience.

I thought the title of your post suggested cannabis cultivation!

I would pay attention to enrollment numbers, employment rate outside the university (is there a hospital system, research facilities, law school, STEM/computer programs, technical schools, or anything else to draw people in during a downturn), and the vacancy rate in the area.Colleges have been flooded with an avalanche of cheap student loan money over the last 10-15 years and many have overbuilt their own student housing (dorms) as well as seen a lot of large apartment complexes built in town for student rentals.

The "scary" part about it for me stems from the fact that I have yet to do much research on the wholesaling process.

A bank may hold bonds as an investment, but not the loans they created, except for portfolio type loans.PMI is for conventional loans, FHA has MIP, guidelines stem from securitization requirements for the entire pool.

@Joseph Hennis,I think it stems ultimately from the 2005-2007 era (I wasn't doing mortgages then, but I hear things). 

Current data (June 2022) for the major metro areas are:- Austin/Round Rock:  $537,475- Dallas/Ft Worth/Arlington:  $430,000- Houston/Sugar Land:  $350,000- San Antonio/New Braunfels:  $340,000I'm most familiar with San Antonio, and a lot of the excitement stems from the city's growth along the I-35 corridor toward Austin. 

My interest stems from various posts and podcasts where the person says that they have their license (although they do not always say if they are employed under a broker or not) and they easily are able to scour the MLS for comps or to actually search for and bid on tens or hundreds of properties with ease.

The reason for so many 1st and 2nds probably stems from marketing activities of the lender, seconds offered to captured borrowers.