Account ClosedI've searched the web a bit to find the list of emerging markets that you have listed here.

Haha, not really but some good food for thought.To address your question I think one of your best bets would be doing a nonconforming duplex in Ballard or Wallingford.

I once found a great web page that listed all the distressed properties that had been sold on a month to month bases or are least having been sold in the last year separated by zip code.

If she is working 2 jobs, where's her money going - sounds awful and some of you will slam me for it but I bet she's got a nice car and a better tv than you do.

Here in certain areas of the Bay Area, I don't really consider it speculation to bet on appreciation in the long term, though you might have to hold through possible recessions to benefit from it.

A colleague here in CT has put together a rather useful, free brochure summarizing CRE customs and tax considerations in all 50 states.See http://www.reiadvise.com/top-ten-states-cre-investment/#tabs-2413-0-1Please contact Alan Blair at REI Advisors via the contact info on the right side of that web page if you want the full brochure and if you don't mind, mention this BP post.

But it is not something I would bet on.

Your best bet is to spend an afternoon down at the county records office with a list of the properties that you are interested in.

You will also need to include a Department of Defense Manpower certificate from their web site to certify that the tenant is not deployed.

Oh what a tangled web we weave....The canned answer will be when Title III is fully implemented.