The fund is likely to select several, though not all, of the firms, said the sources, who have direct knowledge of the matter but asked not to be identified as the talks are confidential.

The recent Appreciation vs Cashflow thread would be my first ballot, unanimous selection ...... http://www.biggerpockets.com/forums/48/topics/34916-appreciation-vs-cash-flow-the-clash-of-the-titans-

Then, click on the Password tab, just to the left of the "Notifications" tab that will be selected by default.

I will only be allowing a select few, for a very limited moment to buy into this dream strategy.

Everyone of these posts are fantastic.I would add that more stringent screening at the begining of the tenant selection procress might have shown some light on who this tenant really is.Also, I would recommend that the tenant be asked to do a formal walk-through to inspect the unit and have them record the results in their own writing as a record of the condition of the property when they moved in.

Also in the criteria, make sure that you select only listings with a status of "closed" - not pending, active, or expired3.

At least, this is my situation - trying to buy within a few selected areas, because that is where my buyers are interested.

Which would you select?

There are a few select locations but ALL of them are outside the main cities.The Antelope Valley, parts of Inland Empire, Bakersfield, Fresno (just to name a few) are areas where you can find cash flow properties, BUT you MUST buy right!

You can buy a list from information providers such as www.melissadata.com or www.wehavehomeleads.com and send postcards to owners with equity within a selected zip code.