I literally just got started educating myself on this so my answers may seem a little fuzzy, but this is what I was thinking:-I plan on finding my inventory by contacting a county's tax collector/treasurer's office and requesting a list of parcels that are delinquent on their property taxes but are owned free and clear (So there's no mortgage on the property);-Exit strategy: Craigslist, Postlets, Zillow, etc (Too simplistic??)

It's booming and if you can find the right areas there's plenty of opportunity

I ask my friend Steve (the British sports car collector guy on my RTPG video) to sell the truck because it sat on the street and collected one too many parking tickets on Fridays.

Some RE markets are driven by American expats in the coasts and the border (Baja California, Puerto Vallarta, Manzanillo, Mérida, Cancun) and Lake Chapala, San Miguel de Allende and other hotspots for US baby boomers retiring in Mexico, and Mexican-Americans moving to México, all prices traded in US dollars.The economy of some Mexican States is booming and the real estate prices are ridiculously low with high potential for appreciation.

I've seen this boom of wholesalers over the last year here in my area.

Boom!

this statement is incorrectJust dont get so caught up in the doom and gloom that you sell everything and miss out on the boom part of the cycle that always comes after the bust.I saw this happen in 2009. some said the market is really bad and they went into cash. 

The buildings built in the boom years of manufacturing 1920s 1950s and 1960s make particularly great rentals.

The other thing with Minot is that it was completely overbuilt a few years back due to the oil boom, but now that the population is back on the rise for reasons other than oil, vacancies are being filled.

Boom.