SD total profits long term are among the best in the nation ... the trick with SoCal is in hedging your bets in the short run and opening up your mind to the possibilities.

If restaurants and bars stop to pop up in these neighborhoods that are popular with 20 something northsiders my bet is that these communities will benefit from a population shift of Gen Yers south and west who are intent on keeping housing costs low to stay in the City.

Odd shape?  

posted on her other morris thread.. yes another Morris nightmare and out and out fraud in my mind.. this is really a Rico act event i would be looking that way if I was a lawyer and morris has made millions he is a prime target.. not all people are worth suing but this guy from all appearances would be a good bet. there are no ethics in wholesaling .. as we know most are not licensed so its just Caveat Emptar  to the 3rd power

I bet it was a bit nerve wracking when you hit the button to send the wire transfer for closing!

I am not familiar with your market but it is one way to beat the odds of having to hold it too long and building up the extra interest with the hard money loan.

@Rodney Reeves Best bet: Go to craigslist (or local equivalent) and see how many ads there are.

Strategize the ticket price to reflect favorable odds or enticing odds 1:1000 or 1:2500, I will buy your first ticket :)

The construction quality was sub-standard and the layout of their condos and community was very odd.

Maybe I should sprout some "personalities" on my chest, I bet that would help!