There're still so many opportunities even in your area, the key is you need to find that hidden gem.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $155,000

Cash invested: $15,000

Quick purchase of Bungalow. Renting $1300 per month

What made you interest...

I'll probably crunch some numbers and come up with my max offer, it wont be much but I think this house could be a real gem, as I said before theres a great view of lake erie right on the front porch and also a public park and beach access as well.Happy holidays and thanks again

Thanks @Giovanni Luna , sounds like I need to find a bank that works specifically with Fannie Mae rather than Freddy Mac?

My wife and I both believe it is a hidden gem that will continue to grow. 

@Matt PolinchakGreat job man, way to play the game with patience and aggression to find a gem.

We acquired a hidden gem off-market at a record-breaking deal.

@Giovanni Pisano Hello, did you find a property manager in Columbus?

But if you’re set on that number then you’re going to have to commit to doing multiple marketing methods consistently over (probably) many months at the cost of a lot of time and money, with no guarantee of results.You may luck out and find a gem in the first month, or you may spend six months on it with nothing to show for it besides a phone log of sellers who all wanted way too much.

reading through these and other threads on New Western Acquisitions, it looks like the main complain is a) sometimes aggressive marketing and b) some variance in pricing / arv / rehab-coststhe variance in estimates one would get from a wholesaler should be expected IMO - it's the buyer's responsibility to double-check everything and ultimately decide whether it makes sense to pursue the deal or not. nobody is forcing the transaction. but it's also not practical to expect that a wholesaler would always produce a spectacular deal - sometimes you get gems but more often you get duds ;) the only fishy thing that I see so far in terms is the 'wire 5K deposit to our company bank account' - that's just silly... and the argument was - 'well, there were cases where scammers fished title company's wire number and customers lost money'... anyhow, all deals should be done through title, which is what i've insisted on... so, with that, i signed up for their San Antonio list and will sign up for a couple other markets - this is just another lead generator the way I look at it. the volume in San Antonio seems reasonably high - 1 deal a day. nothing that I want to go after immediately though - the ones I saw so far are 20-30% over what I'd pay for to generate returns I wantthanks all for your comments - i will update the thread with my experience as time goes by