It taught us basic troubleshooting techniques.If you are in any way handy at all, and can operate a Volt/Ohmmeter you can troubleshoot the system and you'll discover that many, if not most problems are NOT air conditioning problems but ELECTRICAL problems.By knowing how to troubleshoot here's some of the things that I found bad and replaced myself:Bad exhaust fan motor, the one on the outside unit.

If you try to take too much, and make it a bad deal for the end investor, you won't find any takers.Jon

Good or bad times there will always be some REOs around.Most people do deals one property at a time so the opportunities vary based on the deal specifics.Good hunting.

This will tell you how bad the property truely is, compared to what it used to be.

Bad experience and I like to get on a person to person conversation so I do not mind going out in the field!

This is also a good way for a newbee to learn a territory and make some money to fund their startup.Also, learning the values of the properties in your territory and leaning how to value a property are all valueable to a new investor.Too bad Orange County, California is mostly taken (except for three war zones).

.$4370 amount I invested$7550 cash back at refi$16,000 20% equity$145 monthly cash flow from rentNot bad in 90 days and living on the other side of the country.Now... if I could just get these results every 90 days...

dcg, she doesn't care for the area too much, it's not so much that it's normally bad, but there have been a few murders around there as of late.

How bad is your interest rate and term on your loans?

I feel that this is both good and bad; it's going to be tough to get all of this information together, but on the other hand, seeing that this isn't just a get rich quick scheme makes it more real and obtainable to me.My biggest desire at the moment is to learn, and I have always felt the best people to learn from are those who have real world experience both succeeding and failing at whatever it is they do.