I like to know:Job/Economic growthRenter to owner ratiosAre the courts landlord friendly?

Just wanted to get a sense of whether the economics of this sort of deal makes sense for someone who is thinking long-term.

If it were forwarded to the lender it would constitute Tortious Interference of an existing contract that could potentially cause you economic harm.See http://en.wikipedia.org/wiki/Tortious_interference.Now on a side note: The latest GSE Arms Length Affidavits are including language that states that "The Highest and Best Offer has been submitted to the lender for review and that there are no other offers other than this offer that has been made on the property.

Many people lost money at that time, and others made a lotfrom the crisis.

., and after going through all their reasons, most come to the conclusion that your investment capital is better leveraged (more properties) and will work harder for you investing in out-of-state properties.Besides, look at the economics, tenant laws and political environment you're dealing with here in California!

Hi Seth Hettena,A few ways to learn about opportunities in other markets is to:1) Ask others in the BiggerPockets forums.2) Download my "2013 Housing Market Forecast" report.3) Visit my website (see my BP profile).4) Do your own market/economic/housing research on the internet (the slowest method).Maybe you'll do all of the above just to be thorough.

As an economics graduate simple supply and demand tells us they should slowly liquidate just as banks have been doing with some of the foreclosures since the 'crash'.

I'm young, good salary income & potential, am not risk-averse, and keep good reserves and additional credit, so I'm comfortable with more leverage at this point in the economic/interest rate cycle.

The economics, and business and political climate make it one of the better choices within the US.

The economics of the market will give you a good idea of it's health and future growth (or lack of).Since you're considering three Texas markets (Dallas, Houston, and San Antonio), coincidentally the same three Texas markets we offer to investors, your decision making is a little easier in that they are all great markets with very good fundamentals.