What ever you're doing to find/buy/create deals is working.

In many countries foreign investors buying rentals can't get loans or loans at all. 

They are really changing the shape of the city and it may become incredibly expensive to buy out there soon due to lack of housing.

Some buy to park money, others do 1031 exchanges or they simply buy them for a tax write-off. 

I now am more selective about loan officers as well as lenders. 

Of course a visit to the county records office and -correct reading of the legal description would reveal that the tennis court lot was the one being sold.  

Those that cannot weather the storm get wiped out.Having cashflow positive properties provides a margin of safety you just do not have with negative cashflow.Why are you focused on buying in your backyard? 

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

Quote from @Sri Reddy: I am a newbie to real estate investing and looking for guidance from the teams here to understand the sources from where we can find any small retail spaces to buy.