Your return would be great in DC but that property is so expensive either you would have to find the diamond in the rough or a revitalization area that no one knows about, yet.

Could the frustration be that the market has changed such that it is difficult to find "diamonds in the rough" on the open market but more people wanting them?  

She is very active here on BP and runs the Black Diamond networking event in Waltham and Worcester.We have worked with Ann in the past and she is excellent.

You have to work to dig up the diamonds.

Good afternoon @Michael OConnor, I can recommend a few couple of good networking/education groups where I think you can meet some folks who'd be happy to talk to you about that.For Massachusetts I'd recommend Black Diamond REI which has meetings in both Waltham and Worcester.For Rhode Island I'd recommend the RI Real Estate Investors Group which meets in Warwick, usually the 3rd Thursday of the month (there was a great meeting last night in fact).Both are groups that focus on education and networking and don't try to sell you stuff, which is much nicer (if you've ever been to one that tries to sell stuff, you'll understand :)I hope that helps, and of course if you have specific questions feel free to post them here on BP! 

Account ClosedBlack Diamond is  great meetup, meets in Worcester and Waltham 

Everyone at one point or another has studied Maslow's Hierarchy and knows shelter is right up there at the top, yet this shelter, at least on the Midwest, costs less than an automobile.What I am seeing is we are all sitting in a diamond field and most of the folks in this country are complaining about getting their hands dirty to retrieve those diamonds.

@Demetrius Davis Diamond Mortgage will be able to do this for you.

It's still a diamond in the rough but developers are heading to the Bronx because of the savings right now.

Slow and steady, acquiring solid properties by finding the diamonds in the rough.