I too am looking for OOS deals all the time because of our competitive local investment market, even though I did just close a deal here last month that worked out ok.

Gotta get creative when competition gets stiff.

It is possible that the industry has wised up to the BRRR approach and penalizes folks for doing a refi too soon.

There is a lot of competition from investors and very few listed properties get missed.

Through automation and streamlined service through technology we have been able to drastically reduce the cost of participating in the hotel industry and created a model that allows us to target niche markets.

@Rahul HandaHaving grown up in the auto industry and still currently working in it, my belief is that the next “crash” won’t be directly real estate related.

Now if an investor outside of California were to broaden their investments out of their home state and into California's market, I believe they would find properties and deals in abundance due to the fact that there is a mass amount of properties that are either abandoned or forgotten about, unpaid property taxes and preforeclosures are everywhere, and the commercial/industrial portion of unused properties is incredibly widespread especially in the greater Los Angeles area, with new market places and strip malls being built in the suburbs left and right.

Other aspects of the free report on this site are industrial, commercial, etc.Phases 6-11 are the expansion phase of the housing market, and 12-16 are when "oversupply" of new housing starts is greatly outpacing the demand, creating "hypersupply". 

At the end of the day, you will need to pick 1-2 things and excel at them as opposed to trying to learn everything about the industry.

But it is perhaps the most competitive niche of one of the already most competitive markets in the country.