The neighbors explained that they have lived in the neighborhood for 50+ years, but the river has never reached their house or flooded.Anyways...we ended up listing the house for 122k in July and after a month we dropped the price to 118 and within a few days we got an offer.

I've focused mainly on rehabs out here in San Tan Valley for the past 2 years. 

Richmond I believe still has some room for buy and holds as housing becomes more unaffordable for slicon  valley Richmond is close alternative.

MOST excess water problems start higher,,,is this a valley in the roof directly above this area?

In the Treasure valley area (especially Nampa / Caldwell area or Mountain Home area ) you can get Duplex for a price close to SFR. 3)Why Fourplex.

I'm always looking for good subs.I live in Mesa and invest throughout the valley.

The current rehab is in Kalihi Valley on Oahu, Hawaii.

Thanks, it's our personal home, an estate foreclosure we found sitting on the Rappahannock river a few years back.

I am a personal trainer and full-time student from Minneapolis, MN, living in Golden Valley, MN.  

Simi Valley, very cool.