So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I know several investors that are struggling to keep their short and mid term rentals going.

That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.

Quote from @Jeff Sanders: Personally coming from an agent/investor in CA, I always get a quote from a broker of mine and make sure I am knowledgeable with the fees/costs.

So you want to be a landlord/investor focused agent huh?

In order to network with wholesalers and lenders the best way to go about it will be to attend the local REIA like The Greater Houston REIA and also joining the local investors facebook groups. 

To calculate Net Profit, we need to deduct: Construction Financing, Investor Capital, Overhead, Insurance, Warranty, Etc.

We are considering joining a couple mentor groups to build relationships with more investors.

I'm up at Lake Tahoe in the basin and there are many CA investors that have been investing in Reno, NV because of the low taxes, landlord friendly, and only 30 minutes from Truckee.

Daniel,Memphis is a great market for investors and we have continually seen growth in both rental rates and property values.