You hit on it Jon, don't put in more than you are willing to lose.I've been there done that. but.....On the square across from the courthouse (think about the time you could save doing title searches, LOL) that is usually a gold mine with a simple lunch, home cooking menu....really, you get tons of courthouse employees.

A good agent is worth their weight in gold.

The thing that has me stumped is that everything (the usdx, currency value, silver & gold prices, etc...) seems to be going opposite of what it should be doing with such a massive rate cut these last few days.

I find there's always a gold nuggets of information in each one and I go back to listen to a number of them multiple times.If you appreciate a post that a fellow member put up responding to you be sure to say "Thank You!"

@Ana Nomys  @Thomas Young Classification of PropertiesA Properties-Cream of the CropBuilt within last 10 yearsRented by younger professions Command Highest rentsAmenities Pool, Workout Room, Tennis Clubhouse etc.High Speed internet, Alarm systems etc.Properties lower maintenance low-risk tenantsTenants maybe relocating, looking for a home, Dual Income couples no kidsTurnover higher than a C PropertyConsider Highest and Best use maybe a special population.B Properties Still High EndBuilt in last 20 yearsRents quite high not as high as A propertyTenants white collar workers and higher paid blue collarC Properties Gold that looks like leadBuilt within the last 30 years.Tenants blue collar some government sponsored Vehicles in lot >10 years old and > number of pickup trucksMost vehicles gone during the day—workingSome deferred maintenance.In rentals foreverD Properties-Worst Area of townBuilt 40 years or moreGood CashflowManagement IntensiveNot a good starting out propertyAssisted housing, out of prison, hard luck etc.Lets take a look at the city and grade the areas.Grading Areas of the CityA AreasUpper level society resideHigh end PropertiesPath of ProgressConstruction tear down old build newB AreasBlue collar workers liveBusiness in area serve needs, bowling alleys, Nail salons, pizza movie rentals etc.Comb subsidized housing and othersIf you allow subsidized make sure they have a job.C AreasFilled with restaurants and business that support c-type tenantsOld strip malls in need of repair.

Good agents are worth their weight in gold!

I am talking about selling barrels of crude oil, jet fuel, gold bullion, rough diamonds.

Having a clearly defined buyers list turns the absentee owner list into gold and can save a great deal of marketing costs as you can filter for properties in areas and price ranges dictated by the requests of your buyers list.When something clicks and the phone rings your operation of funneling deals to the proper channels will seal the deal!

Looking to network with others that have access to Gold or wishes to purchase Gold.

The market is good in that region but unless you self manage, it may not be the pot of gold you were hoping for.