This type of home is your typical home for your blue collar worker and middle income - lower middle income family.

I am just North East of you.

Hi, My name is Rico Camacho. My company seeks to connect real estate investors with real estate sellers.

Our primary market is in Bulk Wholesale REO portfolios.

No better place to find investors than in these f...

I want (probably) a nice single family residence (3/2) in a middle class area that will produce a dependable, constant, hefty positive cash flow with good resale value!

You will have to repaint when they move and carpet won't last past 4 years.The $450/month guys pay in cash, they can't get a checking account, they may move in the middle of the night, they don't care that the dishwasher quit and you will have to fix sheetrock, floors and paint when they move.The biggest downside on the lower priced houses is that an electrician costs the same now matter if he's working on a $100K or $25K house, and appliances may cost less, they aren't free in that end of the market.So it's a trade-off of income versus expenses and hassles.Now let's look at selling those houses.

I became interested in RE a couple of months ago and started educating myself, and I've fleshed out a preliminary plan.I'm in Southern CA right now, but I will most likely be moving back East/South in the next 2-3 years (WV, OH, KY and NC/SC are possibilities at this time), so holding property long-term in this area doesn't make sense right now.

i don't get in the middle of that.as for hud homes - the general rule is - first 10 days on market - only OWNER OCCUPANTS can bid. you can bid as a non owner occ but the fines ARE HUGE.end of the year/quarter - when houses have been sitting a while - and banks want them off their books - this offers better flexibility.qualifier - i've never actually bought a HUD home.

I am in the middle of rehabbing a townhome.

Once they do, it is not at all uncommon for manipulative tenants to try and play both ends against the middle...the PM that has boots on the ground.

I was in Lima, or as they say, "Lost In Middle America".Crackhouses, deadbeats, feces, and roaches... hmmm, you've got me interested :)