Lastly what you will see is that civilization has come out to these places when you drive by and see some desert rat in his or her Mobile home stuck in the middle of no where that 95% of the time is on one of these old platted lots.. some areas Like some of the Lake co California areas town actually grew to them sewer and water and paved streets put in and houses builtBut for instance above Lucerne there are 7 thousand platted lots and I think 3 homes.. lots are 5 to 7k sq feet.. it was uncanny how they surveyed and platted them way back when .. this terrain is quite step but the road follow correct grades although some lots even with today techniques would be near impossible to build on.. 

Sure hope I can study and put the techniques to work to become successful in the real estate world.

But what other techniques are you utilizing to ensure that you can weather a vacancy storm in your market, especially if you don't have a large portfolio to carry a few vacancies?

As your portfolio expands you can focus on areas that play upon each technique, or find a region that supports a bit of both.Remember that cash flow creates passive income and comfort, and appreciation creates wealth.

Wholesaling is a perfectly legitimate strategy, but there is so much misinformation out there....so many sketchy techniques taught. 

I will post something more in detail on the technique some time later on my YouTube channel or I'll write a blog on it here at Bigger Pockets. 

It outlines techniques for getting your ducks in a row, then goes through all manner of rough numbers which I've found to be pretty accurate.

My wife and I still manage our portfolio and have found this to be the easiest management technique for us. 

@Patrick Charles This post is a good start https://www.biggerpockets.com/renewsblog/2011/11/09/gross-rent-multiplier-%E2%80%93-techniques-to-speed-up-your-decision-making-part-ii/

An article I wrote on how to properly do this very technique HERE Let me know if you have any questions on it.