Southend/Southpark areas are of course very popular neighborhoods so tenants would be easy there as well.

So much incredible knowledge on this site.  

That is an incredible return for simply wholesaling the deal.  

I used to live in/own a condo in a high-rise building in a very popular area on the north side of Chicago, off of the lake, with trendy restaurants and bars nearby.

Like Account Closed, great for selling a place to retail buyers, but the markups the window guys stick you for are incredible.

That said however, L.A. has incredible appreciation and rents.... so I dont mind dropping 25% downpayment to breakeven or slight negative on cashflow on the first couple of years. 

Another few popular ones are RealEstateExpress and RealEstateU.

Check out what Randy Jones is doing in Newport TN at "Incredible Tiny Homes" (YouTube it)  3 different lots total of 140 tiny homes.

I've spoken to a ton of investors out there who's break-even purchases in 2006 are now worth an amount no greater than they were 13 years ago in popular growth markets- CA's central valley and southern CA.

While they are incredibly busy, I dream of being my own boss making my own decisions that directly affect my bottom line and not being stuck at a 9-5.