in general higher priced markets over the long term are expected to have higher appreciation and greater rent growth than cheap markets. 2 scenarios: you invest in 1) low cost no name Midwest market that achieves 1% rent ratios and produces modest cast flow, reduced to modest due to current rates.  2) your own moderately expensive market that is currently cash neutral.  10 years from now which do you think will have the better cash flow?  

Its not the President of Iran, its the people in the region who may have had moderate views who become anti US in the process because they come to see us as trying to bully them.

I am also considering jumping into one of these local low priced "problem area" homes in the greater LA county that cashflow moderately, as I am young and don't have a family yet.

$2,400 a year can be wiped out every time with a turn over or even moderate repair.

I try to pick a number based on minimal work, moderate, and major.

(Moderators, sorry if I am not allowed to post that link, I am not connected to them in any way but thought it was a good price :))

But where I'm a contractor I had to take a 8 hour Lead Safe Renovator Supervisor course, then a 4 hour Moderate Risk Deleader Option.

Both Joshua Dorkin and I are extremely happy to bring Mehran on board to help serve as a moderator, joining an already stellar team of Moderators that include Steven Hamilton II, J Scott, Jon Holdman, Will Barnard Ned Carey, Jon Klaus, Karen Margrave, Joel Owens, James Vermillion.

There are a few privately commissioned builds that have made efficiency at least a moderate priority, but in those instances, the owners were planning to occupy themselves.The low quality of the commercial builds here, relative to the expectations of the seller, is one of the main reasons we've been to the alter three times in the past year with commercial properties.Obviously tenants are not making it a priority, or the builders would be changing their dance.

Scott for posting awesome stuff.I'm a moderately experienced investor in stocks and real estate however I'm completely new to the USA and am aware that things are done very different.Being located overseas I obviously can't be too hands on so I've done a lot of time doing due diligence and basically engaged a buyers agent / wholesale and bought through them who will manage the renovation etc.