So il pretty flexible.

You have to have a job to buy a house, and if you have high paying jobs the trickle down economics spreads over the whole city creating a vibrant economy and a healthy real estate market.Thanks for sharing Scott!

We backed out of the deal due to environmental concerns regarding contaminated soil from a UST that was taken out back in 1987.

A foundation guy or gal might take a soil sample, look at the roof structure, or do any number of other things to determine the extent of the problem.

I bought a lot for $60k+$10-15k (clearing woods and importing soil) built a $220k house and sold it for $415k.

The SF penisula has become too expensive to start over, so moved to Sacramento where values are more reasonable and growth is healthy...simply put, I'm looking for opportunities to invest in

@Shane H.Market is healthy.

I mean, kudos for the dedication, but that would be too many for me.But to answer your question, yes, direct mail to folks that are behind on taxes seems like a good strategy to find folks that are in generally poor financial health. I

Taking that alone, you have a very healthy cash on cash return.

After a few weeks we were told the orig. buyer was unwilling to sign the required bank addendums and the bank is asking if I am still interested in buying the property.I feel pretty confident in my repair estimate and even with a few surprises I have a healthy enough margin to still make a few bucks.