The key is to find a smaller market that none of the big players know about...but that takes a lot of research and investigation.

Of course, you always want to visit the particular street in question to investigate in person.There is actually still some retail activity going on in the Belview Heights area, although not as much as during the boom of course.

In general, what issues should I investigate?

My gut reaction was to rehab the existing house and build on the land behind and sell both off -- to investigate how this would work and what is involved/how much it costs and THEN go back to her armed with more knowledge than the initial phone call.Her need is money - she wants the cash out.

You need to actually investigate the neighborhood closely to make sure it is nice, check property condition for deferred maintenance issues, and comp the rents to make sure they are not temporarily inflated.

I'm curious how he was able to run off with that much money.She should have enough information on him to go to the police or a private investigator.

Those are all options I plan to investigate more and possibly engage in down the road.

I did some investigating into the Texas Property Code and learned that the judgment should not be allowed to cloud the title on a homestead.

My cents is to say keep saving, but start investigating your market now.

Wholesaling is not common and in some states it may be illegal so you will have to investigate whether you can do this in SA.There's an Australian investing website that I'd recommend you join and read up on which is:http://somersoft.com/forums/Good luck.