The area is geographically constrained on west by the Pacific Ocean, on south by Mexico, on north by Camp Pendleton base, and east quickly gets harsh.  

Quote from @Pablo Flores: What do you guys think.

This actually works best with houses that need intermediate to substantial repairs (the few owner occupants people interested will usually have a devil of a time getting financing for a house not in move in condition) or houses owned by people willing to accept a substantial discount for a quick close (like the owner who needed to pay a ransom for her son kidnapped in Mexico).This can be conveyed to the seller.

Like @Ramon Flores said one month of vacancy could kill those profits you hope you have from the increase.

@Carlos Flores I've already been approached by Big Daddy's (the market next door) and he wants to pay me $70k for the building because he wants to tear it down and add more parking.

I currently live in Denver, Colorado but my wife and I will be moving to Santa Fe, New Mexico on September 1st, 2014.I have spent the last eight years training athletes for a career, however the last few years I have been longing for something with a better life/work balance.

I’m from Clovis, New Mexico and was wondering if anyone else was around.

I'm looking at buying some vacant land in the southwest, which I've never done before.I'm surprised to see some of this land sounds pretty cheap, like $2,500 for 10 acres in the wastelands of New Mexico for example.

I had to join in New Mexico simply to be allowed to access the MLS.  

For now I am saying hello from New Mexico.