But I sure sleep well at night....especially this past year knowing that none of my Section 8 tenants went on a "rent strike".

The neighborhood leaves some to be desired, but doesn't strike me as a war zone and I did feel relatively safe in the neighborhood (although would not feel safe there at night walking around the street with no reason to).

Never know when you reach out they just might be ready to invest.When they do have a deal ready strike while the mood is postive.

The purveyor of falsehoods strikes again!!! 

@Greg Shows Many lenders won’t give a HELOC on a rental property, but there’s a lot of programs out there now.With that said the capital gains tax situation is piece to work around if you want to avoid/minimize that for your relatives.There’s several ways to go about it from buying the place with a conventional loan to doing a lease option with a strike price that follows your relatives declining principal balance on their loan.

That strikes me as very unfair.

If the "big one" strikes the coast will be rebuilt by developers under new building codes requiring earthquake related safety measures and prices will still be high. 

This is indeed a legit strategy, but if you don’t put work into it.... then like with everything else.... it can fail...Key is calling these homeowners consistently and following up.As it goes going to auctions and recording how much property sold for, writing it down and chasing homeowner right away....Indeed gives you bigger chance.... of striking a deal and signing owner under contract vs looking only at online lists...Look for probate properties.... and look for foreclosure properties.You don’t need to be super smart to make money in surplus funds, but you will need to know.... how to skip trace deals and send out letters, cold calling people and pivoting them.

By the way I found this property while riding my bike in my neighborhood and striking up a conversation with a guy who was trimming the very out of control trees in front of the property for the owner..

After striking out a bit, I've learned the term is "Builder's Risk."