My husband and I bought a short sale last year which I am now using for my home-based business.2) Raise funds for a down payment and slush fund to cover vacancies, repairs, etc.I love that BP is such a vibrant community and has such a wealth of knowledge.

I'd say that developing a vibrant community does require you to be there constantly, organizing events, creating connections, services etc..so way more mgmt intensive compared to my rentals.

There are deals to be had, but purchase prices are high.East Nashville - As Matthew said, many investors in that area.Airport Area - Antioch, Hermitage, Donelson - all decent areasMurfreesboro - Largest university in Tennessee located there along with a vibrant job market.

Obviously, you will have to establish an ecosystem around realtors/agents/wholesalers that will help you in the process.All the best!.

The community seems quite vibrant and active, and I am looking forward to participating.

I'm a recent graduate and have been working for 1yr. I want to get into real estate; a fine business to park and invest my income. Thus far I am renting but looking to purchase a house and start gaining equity.But wha...

An ecosystem of advanced electric car manufacturing is taking shape in Fremont. 

Boise and the Treasure Valley sure is growing and vibrant!

They key would be to find like minded professionals that have an interest in being part of an ecosystem and would approach business in the same way.  2) How do I attract individuals / companies - Initially it would be like this, reaching out to my network (I've been doing this in LA for almost 25 years)  and to networking sites, like Bigger Pockets to find small shops and independent entrepreneurs who would benefit from a social network in their field and have small space requirements.  

Before the crash, Las Vegas and Miami were considered very strong areas with vibrant economies.