High probability of USD losing value in the next 6-12 months time so I am watching this rate closely.2.

I've just watched a fractional deal hit the skids for a $1 mil condo on Hilton Head Island after 20 years of fairly trouble-free operation. 25% owner wants to be liquid, but the partnership doesn't guarantee liquidity.

Watch the local newspaper, browse local and state government websites, and keep websites like the HUD Home Store bookmarked, which will alert you to up-and-coming properties.Attend local eventsLocal events such as community gatherings, property auctions, or real estate investment meetups are excellent places to discover off-market deals.

I just watched an advertisement online for an upcoming free webinar.

This is how real people get a real start in real estate, not some fantasy of easy money and watching others do what must be done.

If I weren't there, I would have a home watch person go over after someone leaves to check on it but then still clean it prior to next guest.

The #1 determinant is the Tenant Pool.If you don't believe us, try putting several Class D tenants in Class A apartment buildings and watch what happens.

More of something to think about, and like I said, I'm not sure I believe that, but as we discussed the careers of several agents that we have watched over the years, it was pretty much true in these examples.Another idea is to visit new home builders in those cities. 

Hiring a bookkeeper to watch the income/expenses is like hiring a gardener to tell you how many roof shingles are laying on the ground after a wind storm instead of hiring a roofer to repair the roof.I recommend that you look for a quality property manager who can maintain the properties and help with the bookkeeping.Start by going to www.narpm.org to search their directory of managers.

@Greg MooreI watched that video the other day too, Precession and Lag, he explains it in the simplest of terms.