But I know the city well and spent 5 years on the ground in the Detroit area.Newer folks need to do a ton of research and/or work with someone that has a ton of experience and is going to be honest with you.Detroit can be extremely block by block.

The average sale time decreased by 23.3%, indicating a quick turnover which is beneficial for investors looking for liquidity​​.Property Analysis: 732 W 22nd St, Houston, TX 77008Rental income potential: $2,500 - $2,900 per unit, totaling $5,000 - $5,800 per month.Rental Strategy: With the high demand for rentals in the area, this property could generate a steady rental income.

But the Front Royal and Luray areas are going to experience the same thing as the Smokies, IMO.

Unless the home seller / buyer has extensive experience in real estate THE HOMEOWNER SHOULD NOT DO ANY REAL ESTATE TRANSACTION UNLESS HE UTILIZES THE SERVICES OF AN EXPERIENCED REAL ESTATE ATTORNEY. 

Have you had experiences where people under delivered?

You have a baseline of knowledge and you have your first investment property which will begin to build real world experience. 

Good webinar last night but I’d like to hear if others have had and experiences with their operation. http://invest1properties.com/w...P.S.  

I almost made the mistake of paying a Philly guru who was going to teach me the ins and outs of buying section 8 homes and after reaching out to others on BP who invest in better market real estate, realized its incredibly risky.I have 12-doors in Detroit, 3 of which are rented to S8 tenants and have been for nearly 5 years now.The experience has been pretty solid for me.

He took me under his wing until I had enough experience and was comfortable enough to open my own Brokerage.  

@Chase Wright, if you're starting out, most experienced investors would agree with me that you should house hack your first deal to gain experience.