In today's market, with low foreclosure discount compared to past buyer's markets and a lot of "motivated buyers", the risk/reward ratio keeps me far away from the courthouse steps. 

Especially right now, when it's such a strong sellers market.

To the housing providers in Pomona ...how can we teach the Mayor & City Council of Pomona about the economics of and business fundamentals of providing our products to the market (housing)?

Her deep knowledge of the market allowed me to identify properties that were not only viable but held substantial equity potential.

We invested $20,350 in strategic renovations to enhance the property's appeal and market value.

@Myrtle Mike Thompson hit in on the head.we did around 145k in our two beach houses this year but we bought two 4/4's for $570k that are worth around 1.2mm right now and used mostly cash, leverage of around 200k from a portfolio- total on them.deals are out there but in my opinion you need a good realtor for boots on the ground and insert yourself into the market your looking to buy.

What are the market rents for both units?

I don't have as many tips for solutions mid rehab, but I do know that most, if not all, of the very active investors that I know have established relationships with 2 or 3 lenders that specialize in programs that match their strategy and have an agent or two in the investors target market to help them find more deals without having to put much work into finding them.

To locate tenants, contact real estate agents or property managers, or use internet platforms such as Zillow Rental Manager or Apartments.com.

Thank again I heard the market is still steady so maybe someone can advise better on it.