@Judy P.I was supposed to go last night to the Meetup but couldn't make it last minute.

I currently flip homes in LA and Orange Counties.

Hi, my first BP post and I need some input, understanding and directionSituation: in a down 2010 market I purchased ONE piece of property with TWO HOUSES in a very desirable area of Orange County CA. 

However you must be careful in how you present it.(1 1/2 times what they paid for)The above is not true for example because you are comparing apples to oranges.

I even head up to Orange County for a few other great clubs.

Originally posted by @Clint Kreider:@Neil Patrick Hi Neil, Feel free to bring any questions about investing in or out of state to our local Orange County meetup in Lake Forest. 

@David Greene, I'm one of those California investors that you mentioned living in an expensive market, Orange County, and looking for some better returns outside of this state. 

i attended the REI of Orange County last Wed evening and it was great.  

I am still seeing deals in the West Volusia market (Deltona, DeLand, Debary, Orange City, etc.) that are breaking the 1% barrier, but they are getting harder to find. 

I would love to purchase properties like this all day long, but being new, and especially living in Orange County, California, I simply want to understand if these things are true, and if this is possible after all expenses, INCLUDING property management.Thank you in advance, BiggerPocketeers, and Merry Christmas!!