I'd definitely recommend Lubbock as a place for investors to check out - and that's not just because I have a soft spot in my heart for the city :)

You still have the right to back out during the inspection period if there are any repairs needed that don't agree with your financial goals and you can bring these up and sometimes to make the deal work the realtors may take a reduced cut or the owner may have a change of heart.

Thats the true heart of someone that has the "want to succeed at all costs".Most people would never think of selling their home and to live in their In- Laws basement.

I got the address and drove to the property.As I pulled up to the house, my heart was pumping.

That said, filling empty mobile home park pads is not for the faint of heart...it can be very time consuming and slow, dealing with multiple vendors and government permitting offices.  

But if your heart is in flipping, you could "go big or go home" and perhaps look for more lucrative flip opportunities that may require a bit more work, but would pay off better.

I am a saver at heart and if/when the housing or stock market crashes, I will take the opportunity to reinvest then. 

So while my snowball that I'm building gets a little bigger owning 50% of a property vs sitting on the sidelines, if I save up to do it on my own, that snowball gets a much bigger boost.

I took that to heart.

I am an out-of-state investor looking for the best of both worlds: high cash-flow properties that also have the potential for capital growth.Does anyone know of new universities under construction, or other infrastructure projects that are likely to boost values in a high-cash-flow area?