Evaluation of credit is both an art and a science, there are advantages to setting minimum standards, also advantages to making exceptions.

I think these kinds of changes are fascinating for us to watch for and take advantage of as investors.I found Jay Hinrichs experience in Charleston very interesting.

@Scott GrahamThis isn't rocket science. 

@David Krulac  there ya go completely different than most states.. out here CA you buy the property at tax sale you get a deed in a few weeks or a month or so from the tax collector you record it.. its yours.. now there is a 1 year statue in CA for the owner to come back and say something was wrong with the sale.. but it is not a redemption they have to prove the county messed up the sale in some way.. the easiest way is to prove the county did not advertise the specified days.. we lost one that way.. but that was one in over a thousand my dad bought over the years.In Oregon for Sure the county commissioners actually have the power to reverse the sale.. but that's just getting it back from the state.. next time I see you I will tell you about one case that is fascinating here. but I don't want to describe it in a public forum and give the bad guys ammo if you know what I mean.

It's not rocket science, but it's not what many expect either.

If you want stability, less hassle / work and break it down to more of a science (calculating cap rates, ROI, etc...) then go Philly rental.

ALL these people both here on BP and the gurus will make it seem like it is a science, and for good reason.

At the time I was unenthusiastic about going to help him out because I just wanted to play with friends, but now it absolutely fascinates me.I am very interested in getting in to the business of rental properties.

@Shiloh Lewis Choosing the right market is an art and not a science.

Regardless though I did learn a few things there mainly how to look for decent properties which I like to brag that I think I actually have a talent in.So since I had no money I decided to go to college for computer science.