I probably value my time to much tbh.Fourth My Relationships the sum is greater then individual parts I couldn't be where I am at 23 with out my mentors and friends that have lifted me up along the way.Fifth My Knowledge Its one of two things no one can take from me and can recreate the success I may lose in the future.I believe that the last three are the most basic components to building real wealth but with out the first two there is no reason to push and grow all success would fill dead and hollow.Your turn guys!

Foreclosures are also non existent as well as duplex/fourplex units.The future of this valley are huge multimillion dollar vacation homes taking over neighbourhoods and continuing to push affordable housing down valley to the west, farther and farther from free bus routes and easy access to skiing and recreational activities. 

Put processes in place up front that make it easier on yourself and that you can recreate and scale up in the future.

. - Large lots (5 acres = 1/8 acre each + recreation space)- city water and septic, sewer available right outside.So, the rule of thumb is 14 units rented @ $200 lot rent * 12 mos * 50% expense ratio * 10 cap = $168k.

Maybe it could become good recreation land with a little work. 

beautiful home but out of my range, however, if it were me, I would convert 1 bedroom into a recreation room and add an Endless Pool with treadmill (http://www.endlesspools.com/) and a Total Gym GTS.

Why re-create the wheel when there are already so many people who have successfully done it already?  

All,  Preparing to buy a bit of raw land for recreational use. 

BoA has stopped their foreclosures trying to get their homeowners to do a mortgage modification so they can get an original note signed by the borrower (not one of the banks robosigners that were signing up to 5000 documents a day to try and recreate the paper trail they needed to foreclose).

@Jeff N. ...Most of my properties meet the 4 criterions...I purchase affordable SFR in blue collar neighborhoods..The school system is ok and parks or recreation centers close by...Our largest employer is the UAB which employs about 15K and close proximity to transportation..other hospitals and colleges close by as well...Most people who live in the center of town(high earners) send kids to private or magnet schools....Most neighborhoods 20-25 minutes of everything...