Market is very hot...Would you compete with everyone else?

I am starting my own local wholesaling business with residential property around Burien because while Burien is currently a hot seller's market for homeowners, I believe there is opportunity for growth in residential property wholesaling to connect sellers and investors.  

Specifically Desert Hot Springs, as it seems that you can get a nice 3BR/2BA with a pool for under $250k, and based on AirBnB searches, there is a fairly strong vacation rental demand in this area.

If anyone owns property within the City of Toledo in Lucas County, OH you may end up getting a Department of Neighborhoods Violation Letter. There seems to be a concerted focus to this year to aggressively pursue blig...

But here goes.....Right now my rents are 8350 per monthInsurance 2600(used to be 1600)Taxes 2800 or soWater 1500 a yearUtililities 1440(hot water only)I spent 2500 for a new roof and all appliances are less than 3 years old.

Things to know -- we live in a very hot market and the condo is in very good condition, so it would likely sell quickly and easily. 

I would NEVER and repeat NEVER give my money to some hot shot mutual fund manager selling me every other day and the latest and greatest thing to hit the market. 

Greeting BP,Today I come to you with a question and a problem: Is the Greater Boston Area Too Hot for a First Time Investor?!?

As a primary residence, you will have low down payment options but would likely have to look at the periphery of the hot neighborhoods to find something that works (for financing qualification as well as your budget). 

The hot water heater was on it's last legs.