Most land bank properties, Detroit or Wayne County, are trainwrecks and cost more to rehab than they are worth - unless the market keeps improving.Be careful on the next one, but keep improving Detroit!

Firstly I apologize that I do not have any market insights data specifically, but Houston has been a rough market as valuations have pulled back.

I'm going to be taking some time to get to know people in my market as I kind of want to start local in Las Vegas.

This also lets investors manage maturity dates, guarantor exposure, market exposure and other factors.We service loans on our balance sheet and manage construction draws for all loans we originate.I am happy to answer any additional questions or provide additional insights.

As for your ques if to wait, well, it depends on the market, in some parts of the country prices are still going up, slower, but still going up, other parts the prices are coming down, you know that area, what is happening there? 

What marketing efforts are they going to do outside of just posting in the MLS.

Networking and market research will be key to finding the right deals and scaling your portfolio.

You should start with a focus on a 2 unit multifamily property in a market that you can afford to get into. 

But, the self-sufficiency test for FHA loans can be really difficult in SF, meaning that the market rent from units you will not occupy must be sufficient to pay for the mortgage payment. 

Just shop around online, look for properties similar to yours, add them to favorites and watch them to see how long it takes for them to rent.