Of course we are not going to pay retail.

I would like to eventually get into larger properties and potentially office/retail and apartment complexes by doing 1031.

If you are looking to wholesale, then your job is to get inside the heads of your retailers to understand what they need, want, and prefer.

Around here, they are only bidding on newer homes (2005 or later) and they are even buying off the MLS at close to retail price.

Brian Burke Yes, we've built some medical office, and office buildings, a couple of multi building small office parks, a medical dental clinic (that we sold to the Rancheria - the sale had to actually be read into the Congressional record), some retail/office condos (actually we helped draft the criteria for the City of Redding on those) a residential subdivision, and other houses, etc.

Also, I do not know the market well above $250k retail and am watching areas that typically retail $200k and under.

Tim C.Silver Bay's Investor Presentation is certainly an interesting read, thank you for posting it.Silver Bay will be a fascinating case study to determine if the single family rental business model can be profitable on a massive nationwide scale.

The problem now is that they are priced very close to retail if you are using MLS.

We've constructed and begun work on a massive marketing campaign consisting of direct mail, newspaper ads, magazine ads, internet marketing, business cards and pamphlets at local businesses, cold calling, walking around our neighborhoods looking for properties, and word of mouth and bird dogging.

Of course, you always want to visit the particular street in question to investigate in person.There is actually still some retail activity going on in the Belview Heights area, although not as much as during the boom of course.