What everyone fails to realize is that a list being of "less competition" is completely irrelevant when the strategy doesn't work.Let me give you an exaggerated example.A fish only eating shrimp in a pond that is oversaturated with fishermen, sure if you use shrimp on your hook you have a TON of competition.So the advice given is, " put a rock on your hook.

Investment Info:Other commercial investment investment in North Little Rock.

Right now we are seeing our heaviest cashflow in Little Rock, AR and Memphis, TN. 

I'm buying one of their NC homes in Little Rock right now.

Hey all, I am an out of state investor in North Little Rock, Little rock, Conway, Benton, Cabot and Sherwood areas.

I’ve been a lender (both with mortgage companies and banks) for 33+ years and I own Florida-based Castle Rock Capital Funding, an NMLS licensed mortgage company.

Too bad you don't live in Rock County.

The biggest gains were seen in Little Rock (+36%), Deltona (+35%), Knoxville (+31%), Memphis (+29%), New Orleans (+28%), Miami (+25%), San Antonio (+24%), El Paso (+23%), Columbia (+22%), Omaha (+22%), and Tampa (+20%).Just look at Las Vegas.

You also have sellers who are financially less literate and make knee-jerk decisions.To your point, off-market deals in B and C neighborhoods are often overpriced, because the owner felt that their house is worth more than what the 5 agents they asked for an opinion told them.

What about Class B and C locations?