My personal opinion (owning places in SD myself): that market is too hot to go in now via public listings, especially if you don't want to rehab.

@Shane RonayI will make this simple if it a small deal under a million dollars (non commercial less then 4 Units)then the buyer will just give you the fee in cash ....... the market is that hot and everything is bought in cash anyway.If it is a large deal NYC style then they will just do a reassignment. 

I have not looked at SW but I am in SE Florida a good amount, the market is so hot it is not worth investing.

Houses in my neighborhood are selling like hot cakes, hit the market and sell the same day.

Last week, I posted this:https://www.biggerpockets.com/forums/12/topics/332...The bottomline is: to be able to compete in this HOT market, you got to find OFF-market deals.

Hello BP, I have a lead for two land properties in  hot area in Houston and I wanted to know the process for opening a title search for the property.

I don't own yet, but I have been putting these into rentals that I manage.We are in California where there have been drought conditions, so it has been more of a focus.I like .5gpm aerators for bath faucets and wouldn't suggest going below 1.5gpm for kitchens.Some properties have had low flow toilets, shower heads, and a circulation pump added to the hot water heater to reduce water waste.LED lights have gone into some of the properties.  

im looking at a house right now that is currently a 2 family but has only 1 steam boiler which is only 8 years old. there is also only 1 hot water heater as well. it is all natural gas and the previous owner paid for water and heat themselves.i wasnt sure what others do in this situation from a landlord standpoint.1. do you raise rents to cover yourself for the winter?

I contract out most of my work, however, I do the finish work that involves painting, cleanup, changing out a few fixtures, installing towel rods, and minor things I do not want to pay my contractor an hourly rate to do. 

@Fred Gonzalo in a hot market you can save about half the agent fees by using a cut rate listing service.