Meanwhile I have been doing virtually nothing for a little over a month.

You can find Rust Belt towns all day long where the pool of possible renters is so small that you have to procure a house for virtually nothing in order to make a dime.

Bankers and the art of lending has not changed as well.

@Tramaine Rollins think of BP as on big virtual mentor.

I am eager to get in the game, but I am not naive to the fact that this business is not an art that can be mastered quickly without guidance and a strict code.I am fresh out of school so obviously even though I have a full-time job, funds for investing are somewhat limited.

I virtually always agree with @Justin R. but not completely this time.

@Joe AssadI would argue that your average BP investor is very aware of this phenomenon, and probably took advantage of it well before the largely NY/DC/SF/LA-based analysts were writing about 18-hour cities.There is virtually no cash-flow for new entrants in coastal MSAs.

The advantage of buying now is virtually free money, the advantage of buying in the down turn is lower prices (have cash on hand), advantage of buying on the way back up...banks are happy to loan again and great deals are readily available.

Good morning, I am looking to possibly JV on a couple wholesale deals in the Indiana market. If interested, send me a pm. Thank you

My husband and I have expanded our virtual wholesaling into the Chicago market.