I just sent out my first wave of direct mail looking for potential sellers.

But I have a foundation there and will ride this wave until is peter's out. we also built 46 aiken and sold it to shep of southern charm show.. it was featured on the first episode this year..If you have the means this a  great flip market !!

But many cannot start off there - some can - most can't.I have read most of the posts that Bob has made here on the site and it appears that Bob has been the beneficiary of riding an incredible wave of appreciation on the west coast and in Hawaii. 

Just an FYI, the foreclosure wave has passed.

Too much saturation, the deals are more minimal, the big growth wave has already happened there, and it's just not an easy market to work in anymore.

Properties in those areas you mention won't give you passive income, unless you buy them and then hit a wave of appreciation.

@Anthony Newbold Not so much they want you to, its something that they recommend you do - Form HUD-92564-CN so perhaps wrong use of words on my part.I tried to wave the inspection on one property (prior knowledge of this property) and HUD still wanted the 10 day inspection period.

In the beginning we get really clear on procedures for repairs and which contractors to use based on the owners preference.I'd ask the manager how they new renewal fee was disclosed to you and if they can wave it this one time because you were not aware of it?  

This is true for both stocks and bonds, with each trying to determine if it will move back into the ranges seen in June and July or if the recent move lower in yields and stock prices was merely the first wave of a longer campaign.

@Ned Carey, and @Dave Meadows - yeah avl has game. we saw pretty ridiculous appreciation in our neighborhood, like 30% over last 3 years. such little inventory as well. the influx of breweries and the long term development plan for the river corridor / river arts district is so promising. all we need is a surf / kayak wave (manmade whitewater feature) right in the middle of town, and we'll be on the next level!