I strongly recommend you have  the most persnickety inspector you have worked with inspect the property before you buy it. 

Lots of great connections all over but we also have a very strong and active contingent here in MA on here so make sure to find them (Set up some keyword alerts to find out about local topics) and get connected.Besides doing that on here make sure to get out to some of the many local investor events we have.  

Hi,I thought that a good first post would be an introduction and saying hi to everyone out there.I live in the San Francisco bay area, working in the tech industry with a strong desire of doing something that produces some more cash than what my bank savings account does (almost negative).Came in here with the desire to learn more about REI after reading Brandon Turner's "The Book on Investing In Real Estate with No (and Low) Money Down" book, which I read after reading Robert Kiyosaki's "Rich Dad, Poor Dad".

Residential properties of 4-units and less tend to weight the Comparables Approach more strongly, so there is less opportunity to create equity through intelligent management and maximizing the gross monthly income.Good luck and go for the glory!

It was a very strong fire and one of the residents died. 

I have been researching enough to know that the New York City market is a tough one and I am not sure how I am planning to build my wealth yet but I have a strong commitment to do it through Real Estate.  

@John Thedford it seem like you have a real soft spot for all Wholesalers, I'm sure you have some pretty strong arguments as to why Wholesalers are useless, but I still think there are some great REI out there who have done some impressive wholesale deals.

I have a strong interest in fix and flips and commercial rental properties.

I have found a strong lease is more rather than less specific.

The single market is also pretty strong for decent stock.