I was at BB yesterday, and drove the back roads trying to avoid road constructions on 259, and I was shocked at how many more lots there are. 

I am to some extent shocked outrage does not seep from the walls.  

At first was shocked and didn't respond right away and they said if I didn't answer they would just assume it was ok to come in.

the Issue I have with wholesalers by and large is the attitude hey if it does not work I just don't close and am only out 100 bucks.. with little to no regard to the seller.I had more than one instance in PDX market that I bought a foreclosure at court house steps only to show up and the owners were in shock.. the nice guy that was going to wholesale their house had told them it was no problem they had it done its going to close don't worry about it.. those self serving you know whats just lied to these folks and they lost their homes..

But of course in typical hollywood fashion, "based on true events", the home owners are shocked and had no clue they were being evicted for foreclosure.

I was also shocked to see how close some of these areas are to A neighborhoods where homes are going for high retail dollars.  

@John Hodson  I always use 50% as James stated if you do better go buy yourself a nice dinner.. but your not dissapointed or shocked if you set your margins so tight and you don't hit them.There is only so much that can be done ... at the end of the day a poor tenant can throw those numbers right out the window.My current portfolio ( and am liquidating all my holdings currently) has 7 A class SFR's left.  

I am shocked (to say the least) at some people's perception of the country that is Uganda.There is no way I can clear the air without having my account closed.

But the deal works regardless of any appreciation, if I hold it long-term (barring some kind of shock or oversupply situation that would push rents down).I could go to the Midwest where I can get higher cash flows, but less appreciation.

I’ve started doing some preliminary research and It seems like the general St.