Inspiration strikes us everytime we visit.

Then comes the list of what is available on MLS, and I won't hear from the agent unless I find a house that strikes my interest from said MLS list.What does a good agent actually do in terms of helping investors find homes?

Any negative cash flow (underwater part) charge a monthly option payment to cover PITI + HOA.Give a strike price - exercise based on a new bank appraisal in 5 years or pay off the existing balance, up to you.

Short of a meteor striking the earth, I'm imagining this predicted expense rate will drop even further.

I have had my eye on a few Homepath properties, waiting to perform a precise strike of them.

You appear to have time because you are so young, but if there is to be a huge market correction or economic downturn in the next 12-18 months, then that will be the time to strike it big.

It seems as if people become agents because they think it's easy and they'll strike it rich after a year or two (the Existors).

I wouldn't be writing home about the deal but these days it's hard to come by a property in most places that is within striking distance of 20% CoC under typical financing conditions.

@Chris Martin You strike me as being very successful at what you do.

Richmond doesn't strike me as an area that is constrained by a lack of physical space to build, or environmental conditions that prevent building additional units.