Since first time home buyers are notorious for overlooking many basic costs of home ownership, often focusing exclusively on accumulating a down payment and then making monthly payments that include property taxes and insurance, I was fascinated to read that buyers in their 20s and 30s are becoming quite savvy as they consider renting vs buying their home.

Zillow makes it notoriously difficult to find duplexes.

Our city is notorious for always saying, "no".)Build the wall and bank on the city not noticing. 

Aside from having thin reserves and large volumes of outstanding debt, Chicago is notorious for its underfunded pension plans."

If you're look up sold properties, both Zillow and the MLS (realtor.com) will have the same numbers from the public records, barring typos.Zillow's "Zestimates" are notoriously inaccurate, though they are improving, I've noticed.

Cap rates (a measure of return on investment) in LA (and most of California) are notoriously low compared to almost anywhere else, regardless of condo vs.

Most of these wholesalers in the area work together to market each others deals and they all add a little profit on top so you really gotta get straight to the source.Oh and another thing, they are all NOTORIOUS for underestimating rehab costs and overestimating the ARV.

Investors are notorious for changing their mind..

Another thing is that the wholesalers are notorious for is underestimating the repairs and overestimating the ARV.

No matter how easy people make it seem, it is the opposite for a beginner.Because at work for them does not mean to work for somebody else in a different location of a different background.Short-term rentals are much more complex and long-term rental regardless of the rah rah above.You do not know any of us and none of us are going to be there if problems crop up.As I said previously several times, being a long distance from your property the major problem when things go wrong.Property managers are notorious for sometimes turning into lemons.