Due to the above restrictions it's (to my knowledge anyhow) impossible to buy these appartments for less than 65%-70% ARV (already rented out).ARV: 100.000,=Price: 65.000,= (including renter)Buyer cost: 6.500,= (10% over here)Equity: 28.500,=On average people will move every 7-8 years.

If you are interested, please contact me directly to discuss.Valley Agent Criteria:A self starter, but not someone who is ambitious enough to go out on their own… Knowledge of SF Valley and Thousand Oaks/Simi Valley (member of SoCal board) Someone who understands the rental market (acquiring low price properties that demand high rents) Experience with Winforms and MLS Investment property experience Computer savvy Home office with fax, email and a windows operating system, Outlook (not MAC) Someone with an existing book of potential clients Someone who knows the neighborhoods intimately in the SF Valley and Conejo Valley

A buyers agent can share that knowledge with you.

:worship: By letting your colleagues and friends know about us, and by inviting people to the site, you're helping build the knowledge base that is BiggerPockets!

Believe me they care if their babies have eviction proceedings going on without their knowledge.

Given the fact that I have no credit and no cash, how would you recommend that I get into the business, you seem very know knowledgable on the subject of Real Estate Investing.

However, I would suggest that you talk with a lawyer who is knowledgable in the area of Real Estate.I have a guy who is both a lawyer and a CPA out of Philly that I deal with.

There are a lot of people on here that are extremely knowledgeable, and well connected.

Knowledge is power, and the wealth of knowledge here is unbelievable.Good Luck!

In summary, that would be a great time to buy these stocks.With the (limited) knowledge I have on stocks, these are the stocks in my virtual trading (like a Play Money Poker!)