While they explain what some of the indicators are that they use to determine what would make a good emerging market, they do not really get into the nuts an bolts of exactly how to conduct this research.All in all I thought the book was good and it definitely gave me some moments of inspiration of things I can change in my own investing career, however I would have preferred more practical "how to" information versus theory.This is a book that I believe would be helpful for experienced investors.

I am rather familiar with the PacTrust system.

It can also be attributed to the fact that we are communicating online versus in person.

I think there are courses or packages that have a systems for doing this for a reasonable price.

The other problem is it's now hard to sell to a home owner in those areas because of the lack of subprime financing.Some investors are successful in the lower income areas, it just usually takes a good system and lots of work.

For retail buyers I run pretty much an automated system.

That means you paying for the roof, the hot water system, heating or cooling, secure doors and windows, controlling pests, etc.Evictions have been overturned because of a landlord expecting the tenant to do too much when there was a lease option.John Corey

Then when you have a system that works (and only then) you can ramp it up and do more deals so retirement comes a lot earlier if you choose to go that route.John Corey

As a result, we have implemented several policies.1 - Members will not have access to the PM system until they have reached 10 posts on the forum.

And, the system (our economy) will return to its equilibrium point eventually.