(Cashflow from other investments make this possible) They invest following the macro and micro trends and don’t gamble on gimmicks such as guessing where Amazon’s next HQ is going or where the hurricanes just crushed a market.

You can gamble that someone else is going to come along and give you more.

If you like to gamble, roll the dice and hope for appreciation before the ARM resets?

AND FOR SURE you nailed the 450 to 500 a year insurance proforma.. got to squeeze that extra 50 a month out of the cash flow so you can say you have a 10% return LOL.. in certain areas it works in these areas of super high risk for all things.. its a gamble and I guess that's why they call it insurance just like 21 at Vegas.

All you have is a appreciation gamble.

So, an REO can be a real gamble.

Do you deal with having a smaller, more targetted list that you can blast more often - or do you gamble on the unknowns - or do you include lower equity people to get your list count up?

Unless you're going to be real estate gambling, i highly suggest you look somewhere outside of SOCAL.

Considering he really doesn't know who he's talking to on the other end of the line, he's awfully forthcoming about his (and his brothers) actively fraudulent activities.  

Although its not prudent investing on the west coast does offer more upside in appreciation, but that gambling.