Hope we can stay in touch!

Foreclosures stay on credit reports longer than short sales.

Some of the borrowers will accept their faith and try to get out before the foreclosure takes place, and others stay there hopelessly until the very end which is sad to see someties.  

Does anyone have any areas that they suggest that I look in and/or stay away from?

Stay tuned!! 

They are under-analyzing and overpaying for properties (which has also made the market stay overpriced), so just keep in mind that you don't HAVE to buy.

Well, that 10% rent increase is mostly likely free and clear due to expenses staying the same. 

We are getting things in order to take advantage of those opportunities when they come, while "sticking to our guns" on the deals we are looking at now by staying conservative. 

Personally as a traveler I would not want to stay in a property that is not operating within the restrictions set by the governing authority.

Being in and out of houses all day, every day give you insight on market conditions and allows you to take a pretty solid guess at ARV before you even run the numbers.We still suffer some of the regular problems though - like finding contractors who will show up on time and stay on budget.I have contacted about a half dozen paving contractors to look at a job at my home.  4 never returned the calls, two showed up and promised estimates.