They have awesome views which I think will always translate to good cash flow as long as they don't get swallowed by the ocean. 

That translates into people making A LOT of money. 

Based on these properties, create a property profile, like the one below.Rent range: $1,500 - $1,900Type: Single-familyConfiguration: 3+ bedrooms, 2+ baths, 2+ car garageStories: One or two.Location: North of the river, east of Vine Rd.Size: 1,200 to 2,100 SFTo translate the rate range into a property price range, find conforming properties on a real estate website and their sale price.With a property profile, you know exactly what to buy.Determine the Best Purchase MethodThe next step is to determine the purchase method.

Luckily technology has caught up with me, the Q/A format of online tax prep is such that good bookkeeping translates to good tax prep, generally speaking.

Currently my listings will go out to over 1,100 sites internationally, translated in to the local languages. 

Both are designed to provide benefits to low income folks and benefit the housing market but each takes a different route.I agree that the market has been altered by section 8 program as with any program that injects money into a asset class or community.

What I'm disputing (for me, at least) is that that edge can be tactically translated into any significant profit.Here's the biggest reason why I don't believe a typical small-time investor can take advantage of macro-economic trends -- TRANSACTION FEES.In a typical real estate deal, the investor is paying about 8-10% in fees on the transaction -- closing costs, transfer taxes, commissions, etc. 

What is your opinion of appraisal as a skill set and how do those skills translate into development and investment of real estate? 

I sometimes found it easier to deal directly with the Insured so nothing got lost in translation and I could manage the Insured's expectations.

This has translated into a significant increase in my personal wealth.