For those of you that dont know this area I'd like you to know this is a nice area with lots of snow and rainbirds when things cool off elsewhere.Check the winter temperatures at any weather site eg weather.com Lots of homes on the market beween Salton Sea and PalmSprings (AKA Cochella Valley) More of a buyers market as you've probably heardElevation is Sea Level in Indio to abt 500 ft near PalmSprings.

My first was a duplex near Dyess AFB (where i work); one side, in which, i was supposed to live.

I look at message boards and attend a REIG meeting and I see these newbie all the time and I hear a few things constantly 1. a newbie asking WHAT IF question on EVERYTHING they seem to have read in the books, the most annoying are the what if’s and have you questions like what if this breaks or have you found more lead in the MLS or in the paper?

And the carryback note gives investors a well-secured, high-yielding, near-cash asset that offers greater flexibility in building up their investment portfolios.

Far easier than most professions which require you to both retain tons of knowledge to do the job and then constant upgrading to keep your skills up to date.

This is a property that is near my home that I just stumbled upon.

I moved to Abilene about 3 years ago for the Air Force, and started investing about one year ago with a duplex near the base, then another property w/ a garage apartment near a college.

The only thing that "could" go wrong is flooding, but that's only in certain areas near the river.

Near Oxford, EnglandFrom California originally.

Even more to the point, I believe that residential property values are poised to fall by large amounts in the near future where I plan to invest (Southern California) because of the existing real estate bubble.