Why would you handicap yourself from the start and choose a poor market (Fresno has one of the highest unemployment rates in the nation) over a market with strong economic and demographic fundamentals just because you can drive there.

But great market fundamentals and great price points.

This isn't fundamentally different than when a mortgage underwriter thinks one thing, but a lawyer says something else, and it's a legal matter... defer to the lawyer.

BP has definitely helped me get a lot of the fundamentals down. 

I don't want to start a political debate, but this is the fundamental reason why socialism doesn't work.

So the cash required is significantly less than would be required for 50% down payments.But fundamentally I think you are correct.

Some fundamental elements of this investment look good from a far. 

After initially typing two paragraphs of a response that was so fundamental that it seemed patronizing, I started to question the validity of the question posed in the first place.  

If you don't have time to read the whole article, here's the meat of what he has to say on investing: "I tell these tales to illustrate certain fundamentals of investing:You don't need to be an expert in order to achieve satisfactory investment returns.

I think you have a fundamental misunderstanding of how real estate investment works