The main reasons are the population of these two cities are growing fast, there will be high speed rail station built up in Palmdale which will help local development, and finally these two cities are within 60 miles radius of LA.

Maybe the totals year over year would be pretty identical if you factored in short sales as well.I definitely see a lot more short sales on MLS than I remember from last year.What I am seeing is a lot less of the lower priced houses (sub 100k) these days.

Remember you will be paying principal and interest on the loan, around $450/month.

Ed Lee@ed leeI got it done very reasonably because of an arrangement with my contractorbut what was purchased was about 60.00 worth of pvc fittings and pipe you need a drain pipe and supply linesyou need the washer dryer hookup boxesand a roll of electrical wire that handles 220 currentwe had to get 2 30 amp breakers one for each unitand dry wall and mud to repair what we ripped outand finally vent tubing I cant say exactly what all this cost but somewhere in the neighborhood of 350 but remember I was doing two units the labor was priced at 160 a day and it took three days to complete.so just under 900 to do both units

Remember...Can't never could :)

My goal is to find a neighborhood that is not a combat zone, Houses are affordable, employment is steady or growing.

I can tell you I do have experience and that the first thing is to get the ATR signed so that you can speak directly to the lender.If you are not listing the property for sale then the info should come from the listing broker and they should have an ATR signed from the seller with the lender or servicer.It's not that sellers lie in that so much they only remember some things and forget others.Not having one document can waste months of time with a short sale.Maybe what you are referring to the buyers is that a bank will allow a buyer to pay for a sellers moving costs or relo costs as a line item on the Hud-1.AGAIN you can't know what the bank is talking about unless your ear is on the phone and they are talking to you.They will not do that without an ATR form for sharing details.So anything you are hearing second hand is a waste of time.

While they may not have helped you out much this year, as your portfolio grows, they may have great advice to offer.

He all of the sudden remember that he did stay there for a while.I've been charging $25 per applicant, but I think it has been a hinderance.

If nobody wants to buy the lot, you're out the $900, you'll be paying annual taxes, you'll be paying for upkeep (lawn maintenance, debris removal), etc.Each year that passes, your investment will grow, and you'll need to sell for more and more just to get out of the hole.Not saying it's a not a good deal, but don't assume it is just because it's free...