But there are a few gems that came across her desk that ended up being great buys. 

A little hole in the wall gem with a pretty view and a small town feel might do far better for you than being one of hundreds and a worn out STR welcome from the locals. 

It’s really a gem out west.  

Not to mention the added gems he drops regarding other aspects of investing.

Hidden Gems: You might come across multifamily properties that are not actively listed but could be potential deals.

that used to be my specialty finding the gems. 

I am new to this and understand i need to network and find off market deals to get the true gems, but i would love to hear from current investors near Southern California, Arizona or Nevada. 

Purchase price: $410,000 Cash invested: $80,000 Sale price: $520,000 House Hack - Lived on the beach for 2+ years, fixed up a historic gem using sweat equity and then sold it FSBO (before we had our realtors license) for a $30K profit.

The result is that I avoid buying in areas where everyone is already focusing and find the hidden gem spots. 

I know there are people out there flipping and managing some 10unit vintage looking 200sqft multi fams in The Dena.