Its sad but true, the larger capital gains were usually derived from death, divorce, mental or physical illness, addiction and BK.

And this is the mentality of most wholesalers I see here, the newbies look at this and think that's the way you make money, no, that's the way you steal money!

Pros:- Low cost of buy-in / not much needed in comparison to other areas due to affordability in purchase price- High-Cap Rates- High Cash Flows- Stable market / continuing to appreciate- Beautiful revitalization of the downtown- Influx of jobs, employment opportunities - Plenty of renters- New Amtrak service coming- Surrounding neighborhoods are sought after, solid schools, "home team" mentality in most of the towns where people want to stayFor the Cons:- I can't think of any OVERALL cons that couldn't be avoided in working with the right team.

I will take those but they also tend to take up a lot of mental space when managing the project.  

I understand the FOMO mentality that lots of investors especially newbies seem to have right now, but that may come back to bite them in the a$$ if they don't understand the risks. 

It was the mental leverage I needed to offer him the owner financing, with me paying him over time.  

You don’t need to look at any schools but high schools When you have narrow down your areas that you want to concentrate on then go out and ride around these areas and look for good and bad of these neighbourhood  riding around and making mental notes are huge especially since potential buyers of your flip properties will do the same  .

Just a little mentally drained by the thought of, hey there's water right there.Deal Breakers- make sure your Water/Sewer needs are accounted for.  

When I moved to AZ, I brought that same mentality.  

The only way I can think of to make it work is if she switches into a long-term asset mentality and can take on the negative cash flow for a while waiting on rents to go up and appreciation to kick in (as well as inflation benefits, etc.).