BP is like having a personal real estate think tank, I am certain you will find all the knowledge you are looking for here.Doug Merriott

We own our home, that is about the extent of my knowledge.

I am not sure if it's the best or right market, but it's a drive away (as opposed to a flight) and there seems to be areas that are cash flowing steady.If I understand correctly, you're looking for a 30%+ return ($30K with $100K investment) - to the best of my knowledge, that seems to be fairly aggressive for rentals - maybe you can get that return on fix and flips.

I'm a newbie on this site.I'm so glad I found a forum on this level of wealth of knowledge in real estate investing.I orginally started as a Real Estate Investor playing in the area of Wholesale, Note-Buying, Hold and Flip, who later started originating loans.

Lease ends June 2014$40k2 House pkg deal:(2) 3 br, 1 ba SFR (1 block, 1 brick)no rehab needed to my knowledge.

I have begun my initial research but I am sure I will be turning to your knowledge to gain more for myself.

That house has given us an opportunity to get some rehab experience and we have started building relationships with a really good electrician and a couple of other handyman types.From what I have seen on BP I should be looking to get involved with a local REI club to start building relationships but I have not been able to find anything around here.Hoping someone with local knowledge on BP can steer me in the right direction for attending some central california meet ups.My goal to build a stable quality REI business over the next few years and eventually transition into this full time.Glad to 'meet' everyone and I promise to stop lurking and get more involved on the BP site.

They have the artistic talent and design knowledge to do so.

Running a business to the best of my knowledge is completely unrelated to the practice of law.

Just like @Karen Margrave said, market knowledge is key.