If you think you can get rich in 6 months or a year then you may be disappointed.

Extremely ignorant in the Real Estate field "(an empty cup they say)" and experiencing what Bigger Pockets has to offer me.

I try to stay away from extremely sloping land.

My wife has zero desire to move, so it is extremely unlikely I will encounter a live in half/rent the other scenario. 

Materials are materials the reason things are 350 a foot there is labor and extreme profit form the GC and other tech subs.I will let you noodle it... :)

"That would explain the extreme pricing and realtor's behavior in not budging on the listing price...

I see a lot of duplexes like this one:http://www.realtor.com/realestateandhomes-detail/5...While that is a bit of an extreme example (a lot of them will pull ~1600 in rent), there are still a *ton* of duplexes out here that are nearly 300k and make ~.005% in rent.

The really good deals that hit MLS usually have multiple offers within hours, so be prepared to make offers extremely quickly and for over the asking price, if the numbers work.

Lots of structural damage too which is extremely expensive to fix.  

I'm upset, disappointed, want to hide and think everybody is out to rip me off.Okay, I needed someone to vent to.