I am currently negotiating a purchase of a victorian 4-plex.

The pros:
Amazing location in one of Portland's hottest neighborhoods.
Immediate upside potential-rents could handle a 20% increas w no improvements; 30...

So would you continue driving a Hummer just because you can afford the gas even though it burns a whole in your pocket?

A non-vented model introduces moisture into the air during operation (byproduct of burning natural gas = CO2 and water).

At the same time, I think a historically stable market is a great opportunity for a young, first timer investor to get their feet wet while having less risk of getting burned.

I first discovered wholesaling years ago when Preston Ely was promoting his wholesaling book.

The reason you hears so much about it is pretty much is that it's an easy conept to sell, promote, teach and devise into different products, not that it's the best strategy in a transaction really.A seller who is motivated to get out of a property that is not very marketable (say in a poor condition or a poor location or even a good property but the owner must dump it) may consider the income to break even and get away with a future sale.Done properly, they are not easy slam dunks that you hear about and if you put a tenant in as a sandwich lease, you can have issues.

Laminate floor can get burn marks, tears, peeling, buckling (trip hazard) etc.Tile is more durable and takes more abuse but the materials with tile is cheap but the killer is the labor.

I prefer the NorCal one.Unclear of the promotion rules on the forums but you can Google both of these and they have pretty good meetup.com pages taking about the who, what, where of the meetings.

Naysayers are a dime a dozen and most of the time they had their butts burned because they didn't know what they were doing, didn't operate with full disclosure and made promises they couldn't keep.

To be honest, deep down inside you just have to have a burning desire for it.