My question would be why mess with something like this when you can enter into another market with less risk and more CASH FLOW.I think this has become a MAJOR problem, that many investors are looking to get into the game, but they are trying to stay in their own market and they can not make any money there.

I cannot be there to see things for myself, but I see is prices $1 to $30,000 for 3 bedroom houses 1 - 10 miles outside major us cities by populas such as houston, detroit, chicago according to realtor.com.

No, because they keep repeating the same mistakes, regardless of the party majority.

I haven't had an inspection yet, AFAIK there are no major repairs and just a couple of minor ones to do.I also haven't considered price yet.

Just a week or so ago a report came out that Major League Baseball would NEVER let him own a team.

Membership databases of foreclosures, REOs and auction properties is one way to get a vast majority of these listings all in one spot.

These aren't always obvious, and certainly aren't always the same as the neighborhood divisions or major streets.If you can't just drive to the area, get on a plane and rent a car.Note that I do believe in the "super crunching" sites like cyberhome and zillow do to try to get their estimates.

I do think that some form of our system is beneficial.I also think that the majority don't understand the system & could care less what is going on in the big picture.

That information simply does not exist and many (most) investors don't understand operating expenses themselves, let alone have accurate records for their property.Finally, the vast majority of newbies fail in this business and the majority of rentals in the US are owned by individuals.

Improvements, like an addition or major remodeling would increase your basis.