As a licensed agent, licensing/agency laws require us to inform sellers of the highest and best use of their property...most agents that claim to be investors ignore this fundamental concept...there is a lot more too this and I would be glad to chat more, but sourcing good deals from any agent that practice according to the rules is a rareity...especially in a strong market where the best play is to list.

The public transportation system and the already amazing bike path network is also expanding so that is a good thing to look at to find neighborhoods that are likely to appreciate at a more rapid pace than others.The Colorado market has strong fundamentals overall: diverse and growing job market, active lifestyle, work-life balance, friendly people, the incredible mountains nearby, outdoor sports galore which is skyrocketing in popularity, access to national forests and parks, and significant population growth due to these many positives.

I would start by looking at the macro market's fundamentals, that is the population, job and income growth over time.After that, I would look to see what the rents and home prices are and how those are trending as well.I would do a similar analysis, but at the sub-market level for the metro area you are considering investing in.

I like how he outlines the book in a play by play concept that teaches you some great fundamentals. 

This doesn't make sense to me because the home is being fundamentally changed from 2-bed,1-bath 1,050 sqft to 3-bed,2-bath 1,340 sqft. 

Ultimately, there's only one fundamental way to balance a debt-laden budget: Increase Revenue (taxes/fees in the case of government) and CUT Spending!

I enjoy spending my time researching/studying the wholesale fundamentals so that I have a strong foundation to further build my skill set on.

I've found places like Fayetteville-Springdale-Roger AR, Lexington KY, and Bloomington IN that all have fantastic fundamentals and reasonable cap rates.

Make sure you start learning the fundamentals of real estate.

The two may both manage the property, but who owns it is the fundamental difference.Property managers do not need to be managed by the landlord nor do they manage the landlord (ie owner).