Plenty of folks are making investments work in the valley, but you can't just buy a turnkey house on market, put 20-25% down and expect to cash flow well.

Roofs never start leaking on flat areas, its always penetration points or valleys.

The only reason I had to visit it recently was because my tenant moved to Silicon Valley.

Ashley,There are about 1,500 new class A apartments opening this year along the Pellissippi Pkwy from Hardin Valley to Topside.

A 3% mortgage today sells at a steep discount on the secondary market if someone wants their money out of itCheck Silicon Valley bank as an example.Also mortgages are depreciating assets and most investors are better off selling and putting the money in a growth investment.

Since the the housing market has appreciated so rapidly over the last few years, the wholesale business margins have gotten very thin and will continue to get thinner within the next year or two.If you want to start wholesaling properties with a lot of meat on the bone (profits), I would suggest looking East and Inland towards some of the areas where the affordable housing has shifted to such as Inland Empire, High Desert, Coachella Valley and any other markets that always tend to ride on the coattails of the Metro markets such as Los Angeles. 

I found a great deal on an older but very well maintained manufactured home in the a very nice area of san Fernando valley. 

I'm more familiar with the Flathead Valley and surrounding areas, as well.

Now lets say you live where I grew up Cupertino and well perfectly good house that is not in the hoody ( although there are not Hoodys on that side of the valley) is 2 mil plus. 

One notable exception was an episode of HBO’s Silicon Valley, where the hapless Jared has tried for over a year to evict a nonpaying “professional tenant” who is currently subleasing Jared’s unit through Airbnb because California’s landlord/tenant laws are so biased in favor of the tenant that an eviction can take close to an eternity.