Mobile homes to land ownership is so exciting for me!

But there is so much more reading I can do.

Also, my experience is that, because the DFW area is so large, some realtors will try to cover the whole of the market, but the reality is that most agents are only experts on a fairly narrow group of sub- or micro-markets.Just my 2 cents.

In the commercial world, Class A space brings a much lower return than Class B because the risk is so much lower.In residential, the lower income the neighborhood the higher the return, and the higher maintenance the tenant base is along with that.You have to figure out where you are on that spectrum and the return that is acceptable to you accordingly.

I've thought about investing there often, as property is so cheap, but my friends that went to school there all say that it's a dump.

Its not worth it.Luckily the Big Island is so porous that cesspools rarely have problems unless the house is really old (says the guys with a 90-year-old house on a cesspool that is starting to have problems).

This information is so valuable. 

It is so spotty.

Usually REOs go as-is so once you're in escrow, you will close and the EMD doesn't matter at all.If however, you're a lookie-loo and need contingencies, better not proceed.

I agree with Lee that there is so much involved in flipping.