By the time construction actually begins and new comps hit the area, properties purchased around this time could ride a soaring wave of appreciation in 3-5 years.

Im just wanting to know if this is something that can be waved or common as it is costing me thousands out of pocket. 

At first, we only had one house at a time, and then as we sent out waves of marketing materials, we got more and more phone calls, which led to more deals. 

Their initial rehab was obviously shoddy, and many corners were cut.There are also a few flags waving such as: only a few small spots in the basement painted (were they hiding water stains or cracks in wall and foundation?)

I had hooked up with a Chinese investor in the Bay Area who wanted to get ahead of the wave of Chinese coming out of hong kong when the lease ran up...

I would just like to add that the very low inventory and the very high demand right now should balance out when the REO mess gets sorted out and we have a new wave of REO inventory hit the market.

There is supposed to be another foreclosure wave coming though so when that happens it may go back to a buyers market.

Waving when they are responsible and ask for extensions and explain why because your a nice guy is always a good chess move to keep everyone working hard too.

Charleston was a few years behind NE in the real estate boom so I was able to ride the wave twice.

An interesting side note to this, in 2008 and 2009, a large wave of acquisitions took place in multifamily.