Both of these require a vast knowledge of the local market conditions and the know-how to quote repair items.

However, the vast majority of people pay little or no taxes on real estate thanks to a plethora of deductions. 

They have a vast amount of knowledge and you want to tap into that.

A local skilled REI operator can make money in either market, CA or Memphis, or anywhere else for that matter ... the strategies that they will employ will be vastly different, doesn't mean that one is right and another is wrong, or that one is pure speculation and the other is sound investing.

As someone mentioned earlier, the vast majority of "log" cabins in the Smokies are not log at all; they are stick-built houses clad with something(s) to make them look log. 

This building will require someone that knows what they are doing and it would break the vast majority of new investors.

@Ronnie TerryYou have come to the right place to connect with the wide array of real estate professionals and investors.

@Justin FullerYou have come to the right place to connect with the wide array of real estate professionals and investors.

Many Americans and foreigners own property there and the vast majority hasn’t had issues, which is why they keep buying.Are these millions of tourists, retirees, snowbirds and investors crazy?

When the newspaper police log reads "1:35AM Rode Down Street, the public jumped into bushes" you know it's not a great neighborhood.There are no doubt deals to be made there, but every section of Rochester that circles the downtown area, where the vast majority of multi-families are, are in I would say C neighborhoods.