I'm trying to strategize my winter months since I'm forecasting 4-6 flipped houses in 2014.

I also think that the larger investors economy of scale/savings can't even overcome the efficiency added by the local investors who know their local market and invest strategically in their market over a long time horizon (i.e., the guys that can wait a long period of time for bargains and wait out market swings).

I will keep your advise and @Scott McClelland and keep on looking for properties that either for sale on a lower price in the neighborhoods around (which are probably less hyped and overpriced already) in case I want to strategize this purchase for cash flow.2.

Take advantage of any short term income if you can...strategize...all the while following, Advice #1.Hope some of this helps your strategy.

They will not admit it but just like investors who want to buy they strategize sometimes as well.You can stick to your price and see what they say.

Plan meals around those.Position yourself below your means to better increase your savings potential, strategize, maybe even try to find a higher paying job, even slightly increases your savings potential. 

So this is a strategic decision for me, not a comment of good or bad of the two markets.So...

That being said, 10K can do a lot for you as long as you use it strategically.

Feel free to pm me for more insights or help and perhaps I can help you strategize to give you the best chance at acquiring some of these properties.

I'd talk with your agent, as they should be able to answer those questions for you and help strategize to get you what you want.