The fact that BPOs are notoriously inaccurate is a HUGE advantage for smaller investors that buy from hedge funds.

Recently I learned from other investors and wholesalers in the area that this buyer is notorious for getting the property under contract then letting the contract expire and going directly to the seller afterwards to buy directly from them or wholesale it themselves.

It's notoriously cheap living (especially compared to Cali), the Great Smoky Mountains are just an hour away, and you can't beat that southern hospitality!  

"Pay time for notorious foreclosure rescue scammer."   

And the intersection of La Brea and Jefferson has been notorious for crime at the corner gas station. 

@Paul SmithHello Paul, Sounds like leaks, landscape irrigation is notorious for undetected leaks.

In my experience, the biggest returns are in areas that are considered to be on the “path to progress.” 2) Know Your PropertyBaltimore is notorious for having properties in complete disrepair.

You have to be careful when under construction because contractors are notorious for running behind schedule.It's clear the demand is high.

Credible and other loan comparison sites are notoriously erroneous when it comes to accurately forecasting rates and closing costs, as each lending institution has different fees AND a huge component on your closing costs is your home insurance. 

They are areas poised to grow EXCEPT both are notoriously tough with rent control.