Maybe I'm a sucker but I've let the tenant who says "hey, I wanted to let you know I replaced the garbage disposal myself because it was acting up" keep their boat trailer on the property (it's a 5-unit) when the true professional would probably ask for another $50/month.

I was at a conference in San Deigo and talking to a high volume flipper in LA that of course is competitive  700k average exit  15k average net profit after all over head and cost of marketing etc... so who is going to do that.. well they do because hey did 70 last year.. still tough way to make 1million dollars.. with a boat load of risk.. 

My wife and I are in the same boat as you, trying to learn as much as we can before taking the plunge!

@Robert LorenzI would like to connect with you to discuss and exchange ideas.I am just starting on wholesaling and have several leads but am in the same boat as you in terms of being able to evaluate a good deal.Possible we can work on some JV down the line.Regards Charles

Throw in some food at Panera while i addressed letters and used the free wi fi (i was living on a boat at the time) and you can ballpark i spent about 350.00 bucks to get that one lead. 

I am in the same boat now (only with a little more water than you seem to have had)

@Elizabeth Colegrove, one of my RE blog heros lives on a boat atm to save money.

I am in the same boat as you as I am trying to figure out which area I can ‘roll’ my CA investment properties.

Normally this would indicate huge population growth but I worry that I already missed the boat.

It sounds like you are in the same boat as most of us who live in nicer areas - the cashflow is simply not there on MOST properties unless it is hidden.