@Steven Hawkins - I'm sure you will get a wide variety of opinions on this, but my two cents is that you should buy as early as you can if the deal makes sense without the hope/plan of appreciation.  

Wordpress is the best because it is so widely used.My website is a super cheap godaddy setup with Wordpress on top.

Yes, we have a pretty wide range of home prices in my neighborhood, lowest is around $400k highest is close to 2 million on the water.

. - Not sure where you learned that, but the industry standard definitions also widely used by government agencies are actually a bit different.Delinquent - The period of time between when the owner misses a payment and the filing of the first foreclosure notice - Notice of Default, Notice of Sale or Lis Pendens depending on the state.Preforeclosure - The period of time between the first foreclosure notice being filed, and the actual foreclosure itself - essentially "before the sale". 

If you haven't done so already start listening to the array of podcast and webinars provided by BP. 

I'd suggest casting a wide net and doing your research.

And that's actually almost as good as Zillow's US-wide numbers.Anyway, fast forward: I have looked at and studied 2400 properties (well, my AI has, really), I have seen about 10 properties (all of which my models said where potential deals), and made offers on 4.

If you have 20% down payment, the options are wide open.  

Yes, but you need your eyes to be 'wide open'.  

I used to compare rent to expense ratios just between 3 families and 6 families and find a wide variance in the ratios.1.