The only color us here in bigger pockets care about is green my good man.

While the people that were relying on appreciation, started to eat chalk, as properties became vacant, and the property values plummeted.  

We're looking specifically at the properties highlighted in green in the graphic to the right.

The one biggie I'd say is they did mess up and missed something in the purchase contract/seller concessions, it ended up in basically them eating pretty much all their fees for the loan and them re-generating part of their documents literally in the middle of our closing.

Tile and grout is  not waterproof, cement board was an improvement over green board as it doesn't rot like green board did, but it's water permeable, when the water gets through the tile and grout the tile doesn't rot off but the water gets into the framing and insulation behind it and allows mold to grow. 2016 we install water proof tile backers now like DensShield, which is even easier to install than CBU (cement board).

Also make sure you're putting some aside for CapEx, Vacancy, and Management, that can eat up to 30% of your monthly. https://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/https://www.biggerpockets.com/renewsblog/2014/06/14/how-to-calculate-cash-flow-rental/Here's some good blogs on making sure your calculation is up to snuff.

I am very green in the REI, but am learning more day by day.

I would say for beginners, avoid anything which doesnt show green in the map.haven't pulled the trigger on out of state investment yet though.Hiren

You could charge a higher price for it since it's about being green and saving the hassle of a large electric bills.

As a wholesaler we are taking orders and names not just cooking up a dish and seeing who eats it.