You're absolutely right, Sac is SUPER hot and competition is crazy.... but deals can still be done.

I'm managing my expectations so that any rent increase is a bonus to my ROI and I don't cry over a broken hot water heater.

The way properties are going in this area, its a hot market.

The way properties are going in this area, its a hot market.

We have lots of minor repairs; leaky faucet, outdoor light that does not work, closet doors that need to be replaced, crossed hot and cold water lines for shower in the old place and in the new place we need new lights, fans, floors, vanity, etc.

@Samuel Norris III just getting started myself and brand new to BP but I know the greater Seattle area is a hot market.

More than 34% of San Francisco residents are considering moving out:http://www.sfgate.com/bayarea/article/Cost-of-living-traffic-have-a-third-of-Bay-Area-7386717.phpFor every 1 home buyer entering the state, there are 3 Californians selling and moving elsewhere:http://fox5sandiego.com/2016/11/07/why-a-lot-of-people-are-moving-out-of-california/San Jose's "move-away rate," which is the current share of households living in the city compared with the share leaving the city, is a whopping 77.2 percent, meaning San Jose middle-class households are 77 percent more likely to move out of the city than to move in:http://www.newsweek.com/bay-areas-middle-class-being-squeezed-out-droves-report-454178Yes, most of these people are in the middle class.

go to your reia  meetings and do heavy networking..not to be a Debbie downer but wholesaling is VERY tough and especially in hot =markets like phxit would be easier in Indy, and in Dallas its a contact sport... not sure you came to greener pastures.. or brown desert as it were.you will find wholesalers at the reia's though no doubt.

Using personal experience (side by side duplex), it is hard to find a good deal since the market is very hot and things sell very quickly.  

It was a hot neighborhood and I had looked around the neighborhood and noticed a lot of nice homes still using carports or outside parking so I didn't consider the garage as crucial.