Also what in the right of way will they cut down

I think investors who are simply comparing the difference in cap rates between investing in California market and the Midwest are making a mistake. 

If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process.I have all of these paragraphs set up so I just cut and paste as I get responses.

Corners are cut. 

This is common.San Francisco City, for example, landlords are willing to cut the rent by ~15% but there is no downturn. 

We simply show them situations like this & they hop right on board. 

It has been often suggested here and elsewhere to pursue something that keeps a toe in the water of the working world, as it limits the downside risks, and could turn into a fruitful enterprise for post-retirement.At the request of a friend and BP associate, I've been asked to provide expert opinion and electrical analysis on residential properties that are either on the market, or recently sold through his brokerage, as there are many customers who want a deeper look at their electrical system, deeper than what a typical home inspector will do, but they are not ready to ask a contractor to come out and simply give a blank check to 'fix whatever's wrong' (famous last words).

If there are a bunch of liens or Lis Pendens , then you may or may not want to proceedAlso, find out how much they owe and to see if their are 1 or 2 mortgages on the property.You can usually determine how much the seller owe by simply looking at the amount of the mortgage, the date of the purchase, then use a rate of around 4% to 5% and do an Amortization Schedule of the months since the mortgage was recorded.  

My Dad partnered up with a few neighbors and bought a telephone pole, cut it into sections for each neighbor and buried it 5 or 6 feet deep with the standard height sticking out of the ground.

I'm not sure where you are located or what other flips in the area look like, but cutting costs/corners in kitchens and bathrooms usually means lower profits.