I would bet your plumbing and electric would be questionable unless someone recently updated. 

Your best bet there is appreciation and having someone pay off your mortgage for you in 15 years.

SD total profits long term are among the best in the nation ... the trick with SoCal is in hedging your bets in the short run and opening up your mind to the possibilities.

If restaurants and bars stop to pop up in these neighborhoods that are popular with 20 something northsiders my bet is that these communities will benefit from a population shift of Gen Yers south and west who are intent on keeping housing costs low to stay in the City.

Hi Cal,I can't comment on Edmonton, but here in Calgary I try to focus on properties that have at least $50K potential and feel safer if my numbers show $70K plus for rehabs.  

posted on her other morris thread.. yes another Morris nightmare and out and out fraud in my mind.. this is really a Rico act event i would be looking that way if I was a lawyer and morris has made millions he is a prime target.. not all people are worth suing but this guy from all appearances would be a good bet. there are no ethics in wholesaling .. as we know most are not licensed so its just Caveat Emptar  to the 3rd power

I bet it was a bit nerve wracking when you hit the button to send the wire transfer for closing!

@Rodney Reeves Best bet: Go to craigslist (or local equivalent) and see how many ads there are.

Again there is always opportunities to get paid sorting or searching online for an investor in safer places.

But can tell you that prices have also been rising in that area as long as you stay North of Lorain Avenue.Clark/Fulton is more of a risky bet.