Texas went up a bit but nothing like double.. and with sky rocket high taxs I say  PHX  VEgas Atl were much better plays for SFR than TEXAS at that time.I had clients that bought some of the development we developed in Oregon and southern WA just like your saying they got in on a lotto and bought new houses for rentals.. they also were buying OLD 4 plexs in PHX  for 350k each...

That is the money making part, you better damn sure know that market better than the bank ever has a chance too, and provide one of the most compelling and well put together arguments ever as well.All the usual techniques apply, I'm sure its not rocket science anymore, but they include:-detailing repairs to the property, with a contractors help (there is mold in every house in my area if you look hard enough), know how to present this information and document it to the T.

It seems like there are all kinds of different ways to do anything in real estate, including how to analyze RE markets (especially in a state like CA where everything seems to have sky rocketed).

Someone told me to think about a rocket, and how much time and energy it takes to move the first inch.. then the next inch takes a lot less energy and so on..  

The seller demanding you send them earnest money directly should have made sirens and rockets start going off.Do you think this guy has any assets?

While it is not rocket science, there are several key factors and you need to know how to do them, including finding and locking the deal, finding the buyer to match the investment, and how to properly structure the deal.

Real estate isn't rocket science and there are more than enough books and online resources to teach you everything you need to feel confident enough to dive in.  

This is wholesaling, not rocket science.

It is not illegal, check out rocket title services in tampa they can close in other counties for you and they have always been great for my closings on deals I’ve wholesaled.

To be successful, you need deal flow and as such marketing to motivated home sellers is 90% of the business and the most difficult aspect during competitive ties like this.Knowing how to properly and accurately estimate the resale value and rehab costs are also essential, but not rocket science with enough practice and education on the subject.So it all comes down to finding deal flow.