Every market has it’s niche—even on the other end of the spectrum you have Bayonne w. that ‘suburban’ neighborhood ‘live close to the city but not right in it’ feel, which is different from most of Hudson County.

If an investor in LA (or anywhere) can find a deal that brings their total cost basis to a level that's consistent with broad prices in 2012, assuming it cash flows (or they can increase cash flows), go for it.

I agree w Alan, ‘West Philly’ is a really broad term that could be A or D type areas.

I would bundle your service with a full spectrum review and team up with other DD providers to deliver a complete package as a service.Some lenders do outsource so you might try that, lastly check out Clayton Group?

Buying on the low end of the price spectrum is risky.

@Ian Hogan My apologies, I feel like all of my responses on BP are "it depends" but unfortunately I have never heard of, or received financial advice that was broad spectrum useful across everyone. 

This is the broad view, ignoring for now the details of IRC Sec 469 (c)(7) and the associated Regs.Now, getting that Badge means you have to have some involvement in the real estate business. 

@Amy MitchellClearly both Gloria and I are biased however when you look at the broad metrics of the Indy area comparative to other markets I believe it is the most well rounded.

"Managing" the property is too broad. 

I'll be going to the one tomorrow morning at 8:30 :) MonthlyThe biggest event is the Augusta REIA (the second Thursday of each month) https://www.facebook.com/reiaofaugustaAnd the second biggest is the Bigger Pockets Meet up the 4thFriday of each month - https://www.eventbrite.com/o/christopher-oyenuga-53272302923There’s also Fit Investors Walk the 1st Saturday of each month at Savannah River Rapids https://www.facebook.com/groups/551851979899690Cashflow (the game based on Rich Dad, Poor Dad) the last Saturday of the month at 8:50am - 909 Walker St (The Auben Realty office)Weekly:Tuesdays: 8:30am, Ubora - 1128 Jones St, Augusta, GA 30901Thursdays: 6:30am, Sunrise Grill - 3830 Washington Rd #10, Augusta, GA 30907Thursdays: 4:30pm – Sole - 1033 Broad St, Augusta, GA 30901Friday: 11:55am – BBQ Barn - 10298 Atomic Rd, North Augusta, SC 29841