;)I find it... perplexing is a good word, that a Southern California investor will look at cities thousands of miles away before even considering Fresno, Sacramento, Bakersfield, or any of the other dozens of central-ish CA markets.

But that's usually in conflict with those in a prime school district.As far as tax assessments we have seen buyers install the cheapest flooring & kitchens, wall off their 4th b/rm etc etc to avoid high initial property tax assessments only to upgrade several months later.

Hi, my name is Corbyn Doyle and my wife and I live in central OKC.We are totally new to REI, and have come to this site looking for helpful knowledge in assessing a couple of deals that have been offered to us in our neighborhood.They are both owner-financed deals on rental properties just down the street from us (one is a duplex and the other a duplex with two garage apartments).Both deals have kind of fallen in our lap (we weren't looking for investment properties) because of our friendships with the two owners of the properties (a different owner for each property, unrelated and unknown to each other).We basically need to know (1) what kind of return on investment we could expect from the properties (given certain known variables) and (2) what sort of pitfalls to look out for in owner-financing.Thanks for any help you can provide!

Hey Everyone,It took longer than I expected, but my first batch of yellow letters are finally done.I will be mailing Saturday, so people will receive early next week.For the first batch we used my just girlfriends name on the letters, she will be answering most of the calls while I'm at work, and since she wrote most of them it made sense.My list came from listsource, my criteria was the following: Total Assessed Value $1-$150,000 Last Market Sale Date 9/1/1900 - 9/1/2008 Property Type Residential: SFR Equity(%) 41 to 100 % Bedrooms 3-5 Absentee Owned ALL STATES Exclude TRUSTEEMy yellow letters were written with red ink on a 5 x 8 yellow legal pad, The envelopes were an A2 (4 3/8 x 5 3/4) in a Pastel Green color.I am mailing First Class USPS, with multiple stamps on each envelope to grab attention.The total number of letters sent is 330, Spread between 5 zip codes I am familiar with.

Do they take my PM into consideration when assessing me as a risk?

One of his most important duties is to take dozens of pictures of potential properties and upload them to our company cloud server - soon we will be implementing a video option that will further improve our acquisition process.

It really amounts to who you know and your level of experience; a well-worn topic around here.Our niche has generally been full-time professional flippers who might have slightly fewer than a dozen or as many as dozens of deals being rehabbed at a time.

After about 10 of them, I started to realize that the only value the inspector brought was when he could assess the expensive items that I couldn't assess (roof, foundation, old electrical, etc).

I realized without a shadow of a doubt that if I can find a real deal, there's about a dozen guys and girls at my REIA that would help get it done. (50%>0%)2.

Roof leaks, termite damages, moisture damages and mold etc...The bank held it and just listed it for sale.All of the above issues are expected.However, the spot where the siding has rotted out, it's literally swarming with several dozens of hornets or bees.