I'm fishing in the areas of SFR 2/1s or 2/2s in the 30k-50k range.

I quit making loans and selling RE and concentrated on this niche for 9 years and got pretty cashed up... it was great we worked hard for 6 months then basically took 6 months off my partner went to Hawaii and I stay in the Napa valley.Now Redwood that's a whole nother kettle of fish I have seen old growth Redwood stands have  2 and 3 million board feet on 10 acres... its incredible really..

@Derek Tyler Keep fishing for more offers.... the next hurdle with the FHA is the appraisal....

Dave Lindahl has written that he does it as well.Guess I'm just fishing for success stories to motivate me!

Unless you get out into the very rural communities that were logging or fishing based that have crashed.

Again, some interesting thought but no concrete evidence that the buying is better at one end or the other.I will say this - it is MUCH easier to fish in the Absentee Pond than the Owner Occupied Pond.

One project is in a large city which will be selling condos and the lots on them, the other is in a small fishing village, with a few other large products being started nearby.

Those that responded to the personal letter and zip letters were just 'fishing' around for an offer.

Is there fishing right out of your own yard?

Their industries include tourism (which we know), agriculture, and fishing.