I think its going to just take some time for the end buyers in the chain (the people responsible for buying the MBS through the whole process - generally banks, insurance cos, pension funds) - by nature are very conservative and slow to adopt to new things like SRO.Its a tough situation because the message a lot of times ends up being "rent it out traditionally on a single lease since thats more conservative" yet they are out of touch with investors who can only cash flow in this current environment with creative solutions such as rent by room, etc.

I am looking to grow my network and to branch out. 

They chained their new pledges to the wall and urinated on them.

Depends on which branch, but here, the KC Section 8 is a nightmare; won't return your calls, takes forever, is late in paying, etc.

Guess who the E & O carrier's claims department goes after for reimbursement based on the broad indemnity language quoted in this chain?

Yes Inasked to soeak to their owners but the owners are not responding she is the head of her branch and not backing down.

Master ONE lead generation method before you branch out.

Apologies if it has been discussed in the past - I live over at the multifamily forum where it hasn't come up so thought I would branch out.For points 2 and 3, how come this hasn't caused a severe price drop in these places further outside downtown?

Wholesaling in SoCal can be tough....i haven't found the competition factor a set-back yet..if your really out in the streets, knocking on doors, at your court houses, county buildings consistently you find there are not as many wholesalers as you may think actively wholesaling.....there are quiet a bit of people talking and wanting to get in...i use the county buildings and the court houses for my leads...there are some really great untapped resources and tons of different types of leads you can get from those two places...and of course I have not discovered anything brand new...im just realizing the sucess is in the fight and how hard you want it...when i found out about these two sources i started to pull data from them and let me tell you it was overwhelming...but it was a gold mine...before i made enough money to pay someone to do this for me....i had to spend hours and hours and hours daily scrubbing data....finding address and owners names...etc...i have a system now and it runs smooth...i find some really great deals throughout LA County and Riverside County...I have 2 cash buyers that have bought all my deals...thats another important thing find real cash buyers...when i first started out i didnt have real buyers and i found out other wholesalers were acting as cash buyers just passing my deals on and on and it became a daisy chain leading to no where...Anyway i love wholesaling and i could type all day..if you want some creative ideas to find properties PM me....but dont give up...and don't let anyone discourage you about SoCal...its tough and it will literally make you cry....lol but its great place to start wholesaling...if your willing to put in the work...

By the time it gets 4 places down the chain its all messed up.