Let me correct that.Following up.Be more practical about RE investing.

I have a few rental units at the moment but hopefully my next project will be a rehab and sell deal followed by more rehabs and more rentals.My plan is to have maybe 6 months to 1 years worth of living expenses like mortgage, food, gas ect., that's going to be hard but if things work out well enough to do it full time then it should be possible.

All Cash is correct.

Is that correct?

We were told that, "economic growth is slowing, reflecting intensification of the housing correction and some softening in business and consumer spending.....

So a 2nd mrtg shouldn't affect my ability to do a wholesale deal then correct?

This way I dont get people responding with "I think" I need people in Alabama who know what I'm asking for and can give me the correct info.

(which is usually well under fair market value - correct?)

Did I understand correctly that you have 17 properties in Ala. and 15 in Ca.?

This really means you have to value correctly what you want and you need to be willing to pay for it.If you want to do your own comps there are services that provide the data to the MLS organizations.