Also tapping into private money instead of hard money will give you more control of the transaction (and keep more of the profits.)In the beginning you have to do what you have to do: may be give up a higher percentage of the profit to a local lender or use hard money, but soon enough you will have the experience (and closings) to be able to raise private money and pay less.Years ago, when I transitioned from using hard money to private money, my fix and flip business exponentially grew overnight.

I grew up in Eureka and I can speak to the reasons I won't invest in either of towns at least right now. 1.

Grew up fairly poor, 2nd hand clothes often, worked and put money in family coffers to help out. 

I grew up in Dallas, Texas who has been residing in Houston for the past 3 years.

Location is amazing (I grew up in the same court) 3.

I'm originally from Canada, and grew up in Arlington, Texas.  

I grew up in the Chicago-area, and still know great contractors over there from my neighborhood.

I grew up there, know that market, and have family there.

Adding in I grew my company to 15 deals at a time , every 3 months .

I thought I would share my two cents and history in the city.Me - I am 34 and grew up in Oakland County (northern suburban Detroit).