As long as the media keeps pumping "high" unemployment and "declining" population, we will be able to have a field day with no competition and very undervalued deals.At the end of the day wherever you're looking to invest make sure that you have established trust and relationships with key people on ground that will always have your best interests at heart.Don't become another foreign investor succumbing to shady operators here in the US.Thanks and have a great day.

So get sales info via agents etc and find the hottest selling zip codes (highest sales #'s), examine those areas and buy there.Schools make a big differencePolice and fire numbers/new stations/availability/visibility make a big difference---- Or when buying in a small town just make sure the smaller town wont dry up anytime soon and that demand out strips supply.Not sure there is a sure fire way to tell that in my smaller town - really just takes boots on the ground at some point.Jeff

I am looking forward to growing my real estate company from the ground up and being able to build true wealth and help put my family in a great place for generations to come. 

If he won't be very cautious as there is no reason for him to hide it from you.Banks and pharmacies will typically pay the highests ground rents.  

I still expect to make money on the transaction, but it is a process that I started in late 2012 and am only now in summer of 2015 expecting to break ground on.  

I'm still very grateful for all of the insight, so that I might be better prepared the next time something like this comes along!!

@Andrew CordleOne huge issue for me is the home is a split level with the lower level under ground, this makes me nervous as for potential future leak issues.Obviously the home looks great but for a rental home it seems over renovated meaning with the granite and custom tile in the showers, seems more like retail quality but hey, for an end investor if that's what they are providing then better for end investor.

got an inspection done on three family house. the inspector recommended rewiring all three breaker boxes due to multiple wires on single rated breakers at panel. and also outlets are not grounded. does everyone know how much will it cost to fix it?

What's the average or approximate time to budget from the day you submit the first permit request until you can stick a shovel in the ground?  

Marketing fake properties in order to gain RE clients would be grounds for license suspension or maybe even more.2) Selling agent misrepresentation - In another location I am involved with a sale of a condo in a market where there are only 12 similar units (including mine).