If I can get myself in the correct position WV has an over abundance of abandoned properties and rehad possibilities that I would LOVE to get my hands on.

Any thoughts you can share on this risk factor and experience would be much appreciated as I am preparing to rebut my wife's inevitable concerns that there is too much risk inherent in real estate investing and I am not entirely sure there still aren't bubbles being created by the abundance of cash that has been infused into the economy by a print happy fed. 

Sure, you may not find a deal that is 40-50% of its ARV in abundance like 2009 but at the same time, did you have a ton of cash at that time to pounce?

There's a huge, abundant cheap supply. 

This was in 2011 and there was an abundance of properties where the numbers worked well.

I live in the San Francisco Bay Area and have a couple of rentals out here....However, I have found several markets that seem to have an abundance of 2-4 unit multifamily that are very reasonably priced and easily hit the 1%, 2% and above rules.  

I would recommend reading these two first because it has assisted me with abundance of information.A download guide can be found under the education tab for the Ultimate Beginner's Guide to Real Estate Investing.Long-Distance Real Estate Investing.

Now that the "big boys" are not buying anything anymore there is an abundance of talent you as a new investor can benefit from. 

BP has an abundance of resources to keep you growing:Some of my favorite resources:If you haven’t already listened to the podcasts I’d start there.PodcastsEpisode 108 - Grant Cardone...

A few thoughts come to mind here for me: with abundant land cheaply available, isn't any new build along the corridor undercut by the next newer build a year later?