@Daniel Travis and @Kendall Green , my girlfriend and I would love to meet up and chat about the real estate climate in CA and investing out of state.

The mountains are not very forgiving, and folks from Evergreen (25 minutes outside Denver) experience a very different climate than us here in Denver, with relatively heavy snowfall, but an admittedly gorgeous summer.

Additionally, syndications w/experts have an advantage in the current market climate IMO due to scale, access to deals, relationships and capital.  

Just wanted to see if anybody has any info on the  current climate of buying tax deeds?

Here you go:Families that will rent for one week breaks down to 10 weeks in the summer, one week at spring break, and depending on your climate Christmas week.

Recently moved to FL and will rehab my first house in this climate.  1,200 sq ft house with 0 exterior wall insulation and NO vapor barrier. 

This is a given in any cold weather climate.

Lock in your money now and as rates continue to rise you'll see more and more rentors staying in the rental market longer.But beware because the rising interest rate climate could change quickly and with a correction we could see govt policy in a heartbeat that reduces barriers to borrowing and ownership. 

@Cassandra Staffieri this is the latest news on the Nola STR climate. https://www.google.com/amp/s/www.theadvocate.com/gambit/new_orleans/news/article_9cbb3e40-c75e-11e8-82fc-dfda324cdedd.amp.htmlI would be patient and stay tuned if I were you.

The reason for the seller's willingness to discount that much in today's climate, from what info I have so far, is due to the extremely low rate on the modified loan (less than 2%, recast for a new 30 year term).So due to the rate, even at 50% of UPB, the return on my investment would be around 4% after considering servicing fees, etc., which is not nearly enough to interest me in this deal, considering the risks of borrower re-default, etc.