All of my investor friends and family tell me the quality of tenant is dramatically different and I should not pursue the deal.

That makes sense Steve, but it would have to be one heck of a disaster to dramatically affect me that far away.My other point was simply that anyone can compete in the CA market regarding flips.I just landed yet another deal yesterday that should net me $200k in profit not bad for only a 6 week rehab and likely a total of a 4 month hold.

In Florida, my counteroffers since Friday have dramatically went down from 60-70 counteroffers to around 15-17.

This is an old house, so I don't want the property tax to jump dramatically where the percentage is being taken into account as today's market rate, when I own 50% of the house already.

I remember one street where an investor bought every house and did a dramatic transformation.

Perhaps dramatically if you end up walking away.

Also we want to fill in those vacant units to decrease the vacancies and stabilize the property to increase our NOI dramatically.

Real estate is very, very local.)Yes, technology will eventually change real estate dramatically.

If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process as well as giving me data about their timeliness/responsiveness/respect for others' time.I schedule showings about 15 minutes apart to make my time more efficient as well as guaranteeing that the applicants see that there are other people that are interested (which helps me close on quality candidates). 

If for example the SP500 PE average is 30 this year, and drops to 24 next year it would have a dramatic effect on the price of the stock.Conversely if you own real estate you are more inclined to be concerned with the actual cash flow as opposed to the valuation overall because your timeline is much longer (generally).