Lower price markets it happens for sure, but its a different game here. 

Lenders sometimes get in on this game too, alas (especially if it's new construction and you took the bribe to use the builder's "preferred lender" - that's the whole point of the bribe to use that lender!).

Rinse, Repeat.I am very new to the game, so like I said, take what I say with a grain...

That will tell you whether the property produces cash flow, or bleeds cash, a fundamentally important question.Assuming a specific amount of appreciation is a gambler's game.

Clearly, there is money to be made purchasing distressed properties, making minimal repairs, and renting them out to Section 8 and VA voucher recipients, but this doesn't necessarily help stabilize a community because the residents have no skin in the game.

Just wholesaling and making money no real game plan.

Great to hear that you're back in the game!

It is really a numbers game.

I'm in CA and right now its seems only people with large capital can play this game.

you are waaay more advanced in this game and i honestly don't care that i sound ignorant in this subject because i'm trying to learn, no same in this learning game at all!