We have more people coming to Sacramento than we have housing, and so naturally demand will outpace the supply. 

I'll be sure to incorporate this when getting into a contract with a GC.To summarize:Check licenseCheck referencesDo walk through of current projects they are working on, if possibleTry to gather is his/hher business is successfulCheck to see if they've pulled permits@Aaron McGinnis , why would a good contractor not go for a labor only deal?

I now have 13 and figure I need 50 to replace my job.I'm cautious by nature so I haven't been as aggressive as I could have been but I'm getting more so.

I have three comparables on the same street of the same historic nature (much higher value too) and other figures in the industry agree with my comparables including the cooperating agent.

It's worked out great as I've done a few large apt deals and my experiences and earning potential is far greater than I ever thought was possible this early on.I say this because its natural to want the safety net from leaving one good paying job and wanting to jump back into someone else paying you for another job.  

@Jd Martin bad income is very subjective and there's always a chance that I excel in the field because I have a natural business mindset.

Would like to incorporate fix and flips into the mix.Best,Michael Vallee

Typically this is the responder, someone who is in a tight spot and might overlook the impersonal and unprofessional nature of the YL.  

I have began incorporating different marketing campaigns such as mailing yellow letters, building websites, squeeze pages, good adwords, etc... and have began to get those calls.

My primary concern is the changing nature of renting a unit in a building whose units are being converted to day rentals, comparable to Airbnb.