Is it an economically depressed area?

I buy properties that are in locations that I believe have excellent prospects, and I buy only when I have a personal financial position capable of withstanding even a crash to the degree of the great depression. 

Expansion into Mar Vista, Westchester, downtown and especially NELA were stymied for decades, and the regeneration of development after the 2008 depression opened these pockets up to a whole new demographic like never before.  

My understanding is in your county even in depressed neighborhood home sellers want full retail price regardless of the conditions. 

I would pretty happy with that rate of return, but our economy is pretty depressed. 

Make sure you are not over extended and need to sell when the market is depressed and you will likely have a successful investment even if purchased at a market peak.Good luck

It's a depressing place to live haha.

We presently live in a location that others view as depressed, all I see is opportunity at a lower cost and thus have made gains in this market.

Depressingly this can drag on for months at a time.  

I'm not depressed or anything, this is just an obstacle I'm currently dealing with.Should I not focus so much on the MLS and just network with wholesalers for deals?