@Jacob KrafkaThere has been a lot of changes in real estate markets mostly.I understand the local market and setup investment goals before I look at a deal.Get in touch with a local agent or investor and shorten your learning curve and save you a lot of headaches as they tend to understand the market better.All the best!

In Oregon those that get into trouble are the ones that set up like borkers IE websites e mails craigslist adds etc and market properties they don't own.. that's illegal.. these bigger transactions that are never advertised and such tend to be OK as they don't get public scrutiny or marketed in the public domain.. you will always have those that don't want to talk with brokers and leave tons of meat on the bone and fubar themselves.. thinking they are saving money when in fact they are losing money ( sellers that is)

However I do feel we tend to think we are often behind the curb.

Also when I am on vacation  in different states or areas, I tend to schedule showings with a local agent who also invests in that area. 

From my experience people tend to over exxagerate just how bad "bad" neighborhoods are, and lose out on a lot of good deals in the process.  

From the Department of Revenue perspective, they also collected some money and avoid risking the Commonwealth Court or the PA Surepem Court ruling against its interpretation.When you deal with "smaller" projects, people tend to pay less attention because: (1) the damages are low; and (2) the issues are complicated.

Yes, it just depends on your market.In Pasadena, my tenants tend to be 20-30 somethings.

That means that the properties will go back on the market in January and February, which tends not to be a great time to sell, but the deals were good enough when I bought that it doesn't matter.Buying in March or April will probably yield the easiest sales (as you'll put them on the market in May or June, most likely), but this is a very competitive time to buy, and in my experience, it's tough to find great deals in the Spring.Things may be different in your area, of course...

For the most part, my time and effort are going to be same, regardless of the extent of the project.That said, larger projects tend to have larger risks, and for projects with higher risk, I'll tend to look for greater opportunity for returns.

Lenders fear rates are going to jump, which will tend to reduce the value of properties like this.Lets figure out if this is a good deal, first.