It allowed me to concentrate on those jobs instead of also trying to schedule to meet buyers/inspectors/appraisers etc.I do plan on transitioning more as things progress, I would like to have 2 or more projects at once where I could have crews doing a majority of the work with me just pitching in where needed, managing the schedules, and finding more deals.....

First state with a bottle bill, first major metro area with an urban growth boundary (Portland), focus on green issues, right to die stand, exemption from the federal Medicare program so that they can factor in quality of life when deciding what is to be covered.OR tends to be split politically.

Assuming you are a major city in N CA there will be regular meetings.

There just are not that many buyers so you have long sales times or major price swings.Holding as a rental is not going to fix the issue.

Short answer is, "Yes".As others have said, the major impact has been in the "Sub-Prime" sector, but it isn't limited to that.

When i said start small I meant finding a property where I know would not need any major structural work and just cosmetics like new paint,landscaping, maybe new windows, roof.

Look for props. in disrepair: high grass, trash, apparent vacancies.How: Direct mail to owners; cold-call.No major break through here, but it works.

My boss who is direct to one of our major investors is in need of a Las Vegas Casino that he can purchase for 65%LTV or lower.

I guess its a little bit of a discredit towards RE agents but thats due to past experiences with a majority of agents here in NYC.

We won the bid at $67,500 and are looking to put in 10k-12k into it (nothing major wrong with structure).