It is pretty bad in the area now BUT there is hope; I've seen brand new townhouse complexes in the $350s and up erecting just along or a block away from 288 on the east side which is a first!

My research is pretty amateurish, but after reading the first few chapters of JScott's book, I put together a spreadsheet with a recently sold distressed property and four comps (super easy in this case, 3 were model matches within a couple blocks), and it seemed clear to me that the investor had only a slim margin between his purchase price and ARV (bought for 200k, 250 ARV).

Once the rehab is done, I can slow down a little and just focus on managing the managers; or more likely, buy another rehab project...BTW, I still keep an office in San Diego, on Black Mountain Road, about 2 blocks south of Miramar College.Erik

In Atlanta there are several examples where certain streets have expensive homes and the other streets are complete war zones within a few blocks.

(unintentionally accomplished a live in flip 2 years ago) Finding the deals has been easy, working with low/no money down has been the road block so far.

Outstanding, I like the colors, and over all look. congratulations on your 1st flip. 

He had a new block put in under the back side entrances in the last couple of years.

```````````````````````````````````````````````````Investor Information WorksheetInvestors Name: ______________________________________________Phone:__________________Source: ______________________Cell:__________________Date: ______________Fax:__________________Email:__________________________Looking To Do: [] Flipping[] Retails[] Lease Options[] RentalsAreas Interested In: ______________________________________________________Types Of Property Interested In:[] 2 Bedroom Houses[] 3 Bedroom Houses[] Multi Units[] Frame OK[] Brick/Block Only[] Other: _____________[] Junkers OK[] Nicer Houses Only_____________________Types Of Property Not Interested In: ______________________________________________________________________________________________________________Funds Available:[] Has Own Cash[] Has Hard Money Source[] No Financing Source[] Other ____________________Amount Of Cash On-Hand To Invest:$ ___________________Comments:________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________`````````````````````````````````

Same reason you paint rooms with neutral colors-they appeal to the largest number of people.

This type of opportunity coupled with reasonable paying jobs makes me think that areas like sugarland can potentially see further appreciation or at the very least should have some rental demand because its a fairly built out suburb.there is a lot more discretionary income in this city for the average person than los angeles...the ceiling for rents can go higher in a city like that, whereas in Los Angeles its going to be difficult to push rents higher and higher if there isnt real wage growth or more transplants with "bigger pockets" pun intended.this is my color on the markets just throwing some food for thought out there.