. :)I'd add Anza to the list which is close to Anza-Borrego Desert State Park and The Slot along with Julian and Borrego Springs which has a golf course and some really nice midcentury homes.I was just in Desert Hot Springs visiting the Desert X installations and have changed my mind about DHS.

But I think the theme is avoid any kind of predator like a lion or shark.

Then, there are a few outright crooks, sharks, predators and authors selling ideas or taking your money for very little in return, if anything.Last, but not least, we have the newbie experts who really want to be a guru, less than 10 years in the industry is still a newbie unless they have professional designations that indicate a greater degree of expertise, like attorney, CPA, MAI, CCIM, ALC, CPM, or maybe a CRS.

It is amoral.You're swimming with the sharks, Benjamin. 

Some of these buyers do think it gives them an advantage in trying to negotiate a short sale, but I don't.5) If you don't agree to pay the rent, they will get a Writ of Possession, and have you evicted within 30 days.The guys buying HOA foreclosures are the professional sharks.

But the reality is you are more likely to win the lottery and get bitten by a shark on the same day than to have your IRA audited.So, if you think that you can produce better results for your IRA by investing in real property, learn how to do it right and you can sleep very well at night.

I'd be cautious when investing OOS, especially if you're new to REI... lots of sharks in the water. 

I have been locking in contracts, but found out I am in a shark filled area.

@Aaron TaylorYeah that makes slot of sense.

Your mistake is you judge the complete niche of wholesaling by the way "most" wholesalers conduct business.So, guns are evil then because people use them to kill.Well heck a shark is evil because they bite people too then.The guy asked a very good legitimate question.