One for each area that I regularly buy property.  

But, here in CA and other places, the recent 5 years have produced sales prices that are next to impossible to break even.Here in Orange County, the average $650,000 house that's junk will only bring in $2,300 a month in rent.

House prices here range from the mid $50Ks (assuming they're on the "regular" market, not needing extensive rehab), up to about TWO MILLION DOLLARS.

It allows regular joes to become hard-money lenders for others in need.

With the Magix Corp, we buy homes at a small discount and finance it back to a buyer that cannot get regular financing.

I'm interested in turn key properties and not fixer uppers (painting and carpet is fine, and minor repairs I can deal with) no major fixes though.My goal would be to acquire control of properties and rent these properties and produce an income after my expenses.This would be the price area:$50,000 per home single fam. residential 2-3 Bed bungalo, rent for $700-850/month.

so you must stay focused.anyway, original point - you can't "flip" an owner-occupied property - UNLESS you use seller financing or a regular mortgage (and live there for 6 months to a year anyway for loan seasoning purposes).

Once you have a small group of regulars who know each other, it might be easier to get more formal, educational-type meetings going and attract more attendees.

We're regulars.

Hehehe...Josh -- known as biggerpo -- is the owner.Ryan Webber is just a luminous example of the kindof people we have as regular posters and moderators.Pretty good, no?