In the summer I can drive my vette or harley to look at homes, then head home and sit with my family by the pool. 4.

Are you going to drive these people around like an agent and find houses for sale, and then if they like it you will purchase it pending they sign a contract to lease for a time you decide with an option to buy.What if the house is way over priced.

The benefits are that you don't have to actively be involved managing the property, it provides both monthly cash returns (based on the rents it gets) as well as equity growth and appreciation, and it is much easier to do an even-money exchange into a TIC.

We didn't have anything to rollover, so we're only working with initial funding of $8,000 each for 2006 and 2007.I'm currently reading up on tax liens and tax deeds in order to grow the accounts.

So trust me, get those courses Dude and just listen to them as you drive, how hard is that!

At least in SoCal/Los Angeles County I should be able to experience decent appreciation.(2) I don’t have a good feel for the area, so I’m hesitant to purchase in the wrong type of area (bad location, bad pool of tenants, etc.).(3) I'm a beginning investor who intends to be a hands-on property owner (at least as much as possible at the start), which means a lot of long drives from L.A. showing properties, dealing with utility companies, handy-man/contractor visits, etc.

It helps that my places are mostly within 20 minutes drive of my house and I give the tenants info to train them on what I expect.If a place goes vacant, I prep it at nights or have my handyman go in.

These might give some ideas.Honestly I don't think their plans are tied to their own assets and a desire to drive prices anywhere.

Toledo, Ohio Cleveland "These markets continue to have weak population and job growth that makes them more risky investments," Hicks says.

If it's below market then agent/investors or other investors buy them very quickly or compete for them and drive the price up.