Hi Elliott,I graduated in 2011 in Environment and Resource Science ( replaced by some new, fancier sounding degree).Davis has been nice but now that I'm looking into real estate it's clearly time to get out!

They're entirely different environments.

Friendly, family-centric environment that is a 5 minute drive to the arts district (which is booming) and sits above Boyle heights (also on its way up).

Being a deal junkie must be tough in this environment!  

Use only the best eco-friendly chemicals that won’t harm our environment. 

But it can definitely make your offer more attractive in a competitive environment. 

(http://www.biggerpockets.com/renewsblog/2008/09/29/a-bag-of-money-to-buy-a-loaf-of-bread/) In an inflationary environment buying hard assets (real estate) with the use of leverage is the way to go.

This works great on "buy & hold" properties as you have already set us a business environment for your buyer.

In low QE environment, adjustable money-growth and average home appreciation is about 5% to 6% in good area.2.

Yep - this is the biggest draw from the BRRRR method - although in the current environment its going to be hard to get "excess" cash back from a BRRRR quickly - more like maxing at just getting 100% of your cash back in the refinance