Or they are being very very patient to let the amortization arm of the IRR work for them.As they gain experience, money and age, they tend to become more amenable to letting their equity drive their investments rather than keeping it to provide additional cash flow. much like @Shiloh Lundahl's model. 

If you find a property that you really like drive down and ask to speak with someone about the fines.

Contact wholesalers and maybe do some digging of your own via driving for dollars. 

You don’t get CA level appreciation in Kansas City.Some areas are high crime so need make sure you understand the neighborhood you are investing in, like any city all locations are not equal.Very car centric city, mass transit is not widely used, people don’t walk, they drive outside of a few very walkable locations in heart of the city. 

Not sure if it's worth it to gain the extra appreciation while also having to manage multiple properties that are a bit of a drive away and have unknown maintenance requirements.

No matter which path you take in real estate, surrounding yourself with professionals from different fields—contractors, lenders, brokers, investors.

So that's a 2 hour drive though, dont think I can make it for this trip.

Will be down in Clearwater Beach next month for a few days and planning on driving some neighborhoods in Pinellas County.

I had them drive past and refuse to stop even when a concrete truck was on the way.

I recall reading in Forbes that major foundation fixes can add surprising value, becuase it addresses the single biggest fear buyers have.. a shaky structure.From my three decades in fix-and-flips, Ive noticed how important it is to have a team you trust.. from attorneys who know probate deals to realtors willing to drive for dollars with you, scouting hidden gems.