We experience(RE) YTY -10% in the most desirable parts of West Coast with full employment and historically low interest rate.

When the motivated seller is asking too much I negotiate the price down to a fair price and everyone's happy.Find yourself a great investor/agent or investor-friendly agent with negotiation skills.Plus, you have more protection as a buyer when you buy from the heavily regulated Multiple Listing Service than you do from the "wild wild west" of wholesaling!!

I'm in Florida also - west coast. 

Investment opportunity-West Palm BeachI've spoken w/countless investors about investing in my deals and running into the same issue.

@West Wiggins Thanks so much for letting me know!

@Abel Curiel the meetup starts at 6:30 at Proper West, 54 W 39th.

I live in Key West Florida which has outrageous property prices and even more outrageous insurance and it wouldn’t be smart choice to start. 

I agree with the other posts about looking in the the mid west.

Or, the route my wife and I are going, we are looking into minor rehabs with only cosmetic updates in quickly appreciating areas (such as Benton Park/Benton Park West).

The MF market in central to northern CT appears to be isolated to a few towns such as Enfield, Windsor Locks, New Britain, West Hartford, and Middletown.I would love feedback on where people are getting good cash flow, where the tenant retention is solid, how people are finding deals, and really any other lessons learned in this market.Thanks in advance for how supportive you guys are to the newbies such as myself.Eric