We have been using primarily the white quartz for the last year or two.

Hi @Michael Sato, I also purchased the book on managing rental properties last weekend but didn't get access codes.

Hey Sharma, if you know all the risks associated with buying RE and doing section 8 there, then by all means go for it.Lots of people are telling others to "go there" because the inventory is high and people need to get rid of it.As someone else mentioned, before you make any investments, go drive around and make a decision for yourself if you want to invest there.One last piece of advice: Don't just look at the numbers.

One thing to note - The "2 out of the last 5 years" rule in real estate allows homeowners to exclude capital gains from the sale of their primary residence from their taxable income if they've owned and lived in the property for at least two years out of the past five years. 

I did big repairs the last 2 years on 3 of them. 

I don't often search for our company name here, but saw your post and wanted to respond.All rehab draws are given on advance except for the last (which is a reimbursement like other lenders).

Verifying last 2 years of rental history very important!

Last month I see a broken 3/1 in San Mateo for 800k, comp is 1.1; sold for 900k.

I spent the last 25+ years of my life in technical and executive recruiting, and now looking to taking some of those hard-earned skills and applying them to the world of property wholesaling/investing.

you could look for opportunities with reverse mortgages in default (backwards marketing) and tax defaulted property (the last group can be difficult to sift and sort due to large quantities).In the end, you’ll do much better focusing on solving problems that others cannot or are not willing to solve (hoarding, squatters, liquidity, defective title, skips, etc.).BTW, I started with working foreclosures (1978) and then deceased owner and title-impaired property about (35) years ago and have closed several thousand deals to date.