My Lakewood property was a huge mistake on the acquisition side thanks to my inexperience and a snake-oil-salesman-RE-agent pushing for a commission, but because the property was in such bad shape I was able to still come out with $40k in equity from acquisition. 

Ready for a second deal, I have come across a private sell in a slightly sub-par area of town (I would guess C to C- neighborhood) close to the older down town/industrial district (I live in Hobbs, NM, an oil and gas town hugging the west Texas border).

So if an individual is ( FISHING ) as I call it then it's a waste of time for me.If I have clients totally committed to me then it makes sense to deploy resources and time.

They scanned the sidewalk, backyard, and checked the basement and outside around the house for signs of oil piping.

It may be for bigger fish than us, but worth a shot.Account Closed good thoughts as well. 

As to "(if) we don't run out of water" I'm betting that one of two things will happen sometime in the future, 1) it will be decided to pipe the Columbia river from Washington the way oil is currently being piped across continents, or 2) a process will be developed to desalinate seawater cheaply or a process will be developed to bring moisture out of the air which can currently be done on a small scale.

We're the location for the upcoming World Equestrian Games, being held at the Tryon International Equestrian Center.You can find great artists in the River Arts District using many different mediums for their expression.We have mountain views, hikes, state/national parks, the French Broad River, Kayaking, Fly Fishing, Mountain Biking, good food, beer, and wine. 

I can't seem to get a sense on if the seller is really motivated or if he or she is just fishing for a higher price.

Repairs do not have to recapture when you sell the house too.)16) Utilities17) Pre-rental expenses ( expenses incurred before finding a tenant )18) If you use your Car: This can include- oil changes, Maintenance, gas, repairs, parking, tolls, and depreciation.

That other investor I keep mentioning  wants positive cash flow on day one.You might should call the area's properties and act like a renter fishing around to know their price for renting, their floor plan mix, and are there any specials used to increase their occupancy.