The demographics and map data don't take the students into account, but they're really what's driving the market.Low property values and ever-increasing student rents are a recipe for a market when you can pick up a duplex in decent condition for $150k, and rent it for $500/bed (that's an EGI of $36,000 annually for a 3/3 duplex).

Thank you for the feedback Russell, I am definitely hoping it picks back up in the spring.

I've done quite a few 1031's and each time I had my three targets already picked which means they were less than two weeks from being signed when I closed on my downleg. 

Awesome to hear you have a specific date picked out to take the test! 

What are the pros and cons of each option and in what scenarios would you pick one over the other? 

I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.

I picked Las Vegas because it’s close to me and California is out of reach. 

If you simply go to your meetups and let folks know your a private lender you can sift through the deals and cherry pick them.

Pick 10 people that are in foreclosure, and ask them if they want to sell their house or keep it.Correct. 10 out of 10 will say: "keep it".Now pick 10 tax liens people from your amazing tax liens list.Same equation, Do you want to sell or keep?

Will definitely pick your brain sometime when we are ready for the next one.