I am no expert, but what I do not see in San Diego is how we get from the present extremely low inventory levels (especially on the coast and the lower priced $800k and below market) to an excess inventory level which I believe would have to be a precursor to any significant price drop.

Some wholesalers do a much better job of presenting and most importantly getting actual deals.

: __________________________________________________________Yes_________________________________________________________over is operational there is smoke damage and rust on the stove cabinets are present and intact_____________________________________ Stove/Range/Oven: Damaged--Kitchen Cabinets: OK--Other: N/ABuilt-in appliances tested and functional?

@Jeff Copeland Just wanted to say thanks for the very thorough response, and I think for the present I'll just continue mailing my leads and hold off on the short sale bit.

Day 2, I attended the Marketing/Wholesaling, Student Housing & MultiFamily homes, the Top 10 MultiFamily Syndication Mistakes, the panel on MultiFamilies, Turning Class A Properties into Profitable Cash, and the Digital Marketing presentation for Visibility & Sales.  

I presently have a contract with a seller on a home and going through some inspections of the mechanicals and well system.

Mine are in the mail presently. 

Buy/Hold is going to tie up your cash for a long period of time as to where flipping presents a fair amount of risk but offers a much faster return.  

Absolutely...assuming you can achieve the rent you've presented.

What you could do, is ask your insurance agent to give you a bid on your present home as if it was a rental.