a killer on the loose in tulsa, oklahoma. four shootings that left three dead, may be connected. the fbi is involved. the whole thing was in flames, the whole backyard. >> a fighter jet turns a virginia apartment building in a ball of fire. what was behind this fiery crash? a quarter past the hour, we put the jobs report in focus. >> we've got a lot more work to do. >> its impact on the election and the new normal for unemployment. later, it's a bird, it's a plane, it's a flying car? we'll have a live report from new york. cnn saturday morning starts right now. good morning, everyone i'm randi kaye. we start with the manhunt underway in tulsa, oklahoma. local police, fbi and u.s.

marshalls are all part of the team searching for what they think is a lone shooter who is responsible for three deaths. two others were injured in the series of shootings carried out over several hours. earlier i talked to jack henderson who said the shooter would drive up and ask for directions and start firing when he drove away and he also told us what is being said to residents. >> what is your advice to community members? >> that is my whole meeting last night what we were trying to do is to assure the citizens that we don't need anybody to go and take matters in their own hands. we want to give the police department an opportunity and to support them in trying to apprehend this person. we need to incorporate with the police, i know there is pockets of people that have not traditionally done that, but this is the crisis situation, a

lot of people are afraid for their lives, afraid for their children, afraid for their loved ones, and if you can't walk outside or walk down the street of the city that you live in, then that's definitely a problem. so we need to see this person apprehended expeditiously and we need to help all we can to try to make that happen. >> councilman henderson also said this may be a hate crime. the suspect is white, the victims are all black. the area where the shootings took place is predominantly african american. your tax dollars at work this morning, you are not going to be happy. new video of skits played at a government agency gathering that has lawmaker asking questions about government spending. the huffington post showed the skits. the gsa came under fire for a nearly $1 million convention in

las vegas, paid for by you, the taxpayers. also on your bill is half a million dollars in employee gifts, like ipods. noted artist thomas kinkade has died, that is him on the right, he was 54 years old. his family says the self-described painter of light died of natural causes. kinkade is known for paintings portraying scenes of classic ascen ascen-- scenes. >> investigators are working on two fronts this morning trying to figure out why a plane crashed and looking for three people from the badly burned apartment building. cnn sandra endo has the latest from virginia beach. >> reporter: take a look behind me, that is the destruction left behind by the fiery crash. now it happened at around noon yesterday, when a navy yet crashed in the apartment complex, damaging about five buildings, 40 apartment units in this senior citizens apartment

complex, and the navy as you mentioned, randy, calling this a catastrophic mechanical malfunction and it was conducting a training exercise and all of this happened really all of a sudden. seven people injured, including the two pilots who ejected before the crash. one resident described the scene and seeing the pilot before emergency crews arrived. >> so, i got off the couch and went to the back door, sliding door when i looked out i saw a pilot laying there, bleeding from the nose. his parachute hanging from the building, i knew the jet had crashed. i didn't know where until i saw the smoke. he apologized sincerely for hitting her complex, and i told him don't worry about it. you just take care of yourself, we'll take care of you, everybody else will take care of the other stuff. >> reporter: according to the local area hospital, one pilot

is still being treated, but reportedly doing well. the six others who were injured have been treated and released. and so far to give you a perspective of this entire area we can tell you the navy airstrip where the jet took off is two miles from this community and residences here say they are used to these training exercise, hundreds of jets fly overhead daily, this is a very heavily populated area with military families and even local officials here say they train with the navy in case something like this happens. so they are very used to hearing the jets overhead but a lot of witnesses we spoke to yesterday and throughout the night say they just knew something was wrong with this jet by the sound overhead, and one witness says that they also noticed that fuel was hemorrhaging from this jet overhead, something navy officials also admit to and of course, randi, the investigation is ongoing. >> sandra endo, thank you very

much. coming up, it's a bird, it's a plane, it's a flying car. this is for real. no joke. i'll tell you where you can pick up the car of the future. plus reynolds standing by with the weekend forecast. good morning again. >> good morning. if you're in a flying car you might have delays in dallas and oklahoma, chance of scattered showers, thunderstorm, possible tornadoes coming up. we'll give you the forecast. and let you know what to expect for the holiday weekend. all moments away. of a role in my own life, but with advair, i'm breathing better so now i can take the lead on a science adventure. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator, working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day.

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♪ come fly with me let's fly away ♪ good morning, now that will get you waking up, right? on this saturday morning. look at that beautiful shot of lady liberty in the harbor of new york city. just gorgeous. flying cars are not just the stuff of sci-fi movies and cartoons. the first step toward all of us owning a george jetson car of the future was taken at the annual new york auto show. susan candiotti has more. >> reporter: the top prize for one of the most amazing things that you will see at this year's auto show is this. now, the question is, is it a plane that drives or is it a car that flies? it's actually both. called the transition, made by a company called terrafugia, escape from the earth.

this is street legal, has an experimental license from the faa to fly. has taken one test flight gone up 1400 feet. many more test flights are planned. it takes 40 seconds for the wings to unfold, amazing sight to see. when you look inside, the dash board looks like one you would see in any car. it has both a speedometer and altimeter, that is different. wouldn't you like one? >> i would love one of those. i know somebody else who would like one of those, that reynolds. you fly it and when you land the wings fold in. >> i think it's a big mistake. i honestly do. the reason why i think so i can tell you 72 hours ago i was in chicago on the dan ryan expressway i saw a guy wearing ear muffs, on a cell phone, texting at the same time, eating a cheese burger and driving with his knees. can you imagine doing that 10,000 feet up?

maybe you could put it on auto pilot. >> now you're on to it you're smarter than i am. >> we should help design it. >> maybe so. the day is early we'll do the newscast then we can design a plane. we make the most out of our time here. first we show you what we have across parts of the central and southern plains, this area of low pressure and frontal boundary will interact with the moisture from the gulf. that could give us a chance of severe storms by late afternoon. breezy conditions in the northern plains, out to the west, plenty of sunshine, plenty in the east, too, including atlanta, 74, 69 in kansas city, 61 minneapolis. back out west, 60s from seattle to san francisco, then when you get in parts of say l.a., 80 degrees for the high there. 83 dallas and 50 in boston. now, something else you can expect, delays in spots like miami, showers and maybe a thunderstorm in the afternoon. orlando, breezy, delays under an hour. wrap things up in oklahoma city,

thunderstorms through dallas too, minneapolis could see morning showers but things should improve as we get to the afternoon. that is a wrap of the forecast, flying cars and everything, back to you. >> we have it all here. >> yes, we do. reynolds, thank you. getting back to work, one factory providing a new opportunity for many. we'll tell you where the jobs are next. you're watching c nn "saturday morning." i plugged in snapshot, and 30 days later, i was saving big on car insurance. i was worried it would be hard to install. but it's really easy. the better i drive, the more i save. i wish our company had something this cool. yeah. you're not... filming this, are you? aw! camera shy. snapshot from progressive. plug into the savings you deserve with snapshot from progressive.

this morning we're putting the new jobs report in focus. here are the numbers. 120,000 jobs added. 8.2 unemployment rate. as our christine romans told you earlier a disappointment for experts who expected more new jobs. but here's where the jobs are. the leisure and hospitality industry added the most, 39,000. then manufacturing, 37,000. and 26,000 in health care. the biggest job losses, came in retail. for those who are unemployed they are worried about adding one job, their's.

papa harlow takes us to a factory that was dark but now buzzing with machinery and workers. >> reporter: for years this ge plant in louisville, kentucky was shuttered, closed down, not anymore, making water heaters and refrigerators, and they posted 230 job openings here, 10,000 people applied in just six hours. >> i feel that i have at least ten years to offer and i will be able to retire with dignity as a blue collar worker. >> when the people see this product we're making here, this refrigerator, how good it is, we'll skyrocket. >> reporter: a few years ago ge's appliance business was to be sold or spun off. today they are investing $800 million here in kentucky. why? rising labor costs in china and elsewhere abroad along with

union agreement to cut starting wages. >> your union made concessions you agreed to lower pay to get a job like this, is that the right thing to do? >> that what is is great in having a union, once you start to manufacture and produce and make a quality product, then when the time comes around and ge receives profits from our labors, then jerry can go back to the table. >> we had to do what we had to do to get jobs in here. >> reporter: or the jobs would have went away? >> i feel confident of that. >> reporter: the ceo heads the jobs council come under pressure to hire more workers. >> we wouldn't do it if it didn't make sense. i worked for ge 23 years, they will perform and not just make products for the sake of making product. we'll make money. >> reporter: this is creating manufacturing jobs in america. keep in mind the united states

has lost more than five million manufacturing jobs since 2000. >> we haven't hired a lot in the last decade, strategy was to go to design, source and sell, now we are saying we want to be manufacturers again. >> reporter: what does it take to get a job here? >> we can teach dexterity work, we're looking for people who want to engage, embracing the mind of every operator, getting them involved and keep us here with continuous improvement. >> reporter: are the jobs here to stay? >> we're investing over a billion dollars in our factories and products. that is a huge commitment. >> we used to be leading producer in the world of everything. so, i would like to see us get back to that. >> reporter: one important thing to keep in mind, ge employs 0,000 people outside the united

states, 131,000 people here in america. they have a bigger workforce outside the u.s. the ceo told me when we sat down, look, our company gets 65% of the revenue from outside the united states, we'll continue to globa globalize. they are making refrigerators, water heaters in the united states, but there are some things like microwaves and air conditioners that don't make economic sense to make in america because they are cheaper to make overseas, you don't have as big a cost when it comes to traps porting them as you do with the big ticket items. good to see manufacturing jobs added in america. randi, back to you. thank you, poppy. before the housing bubble burst, house flipping drove up the cost as home sales stalled, so is that. good news for your neighborhood and the struggling economy? a realtor and clyde anderson are

here and they will tell us, next. you always have homework, okay? i don't have homework today. it's what's right here is what is most important to me. it's beautiful. ♪ ♪

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house flipping is making a comeback where investors purchase a home, renovate it and put it back on the market. they can make huge profits and help increase home prices. let's bring in our financial guru clyde anderson and an atlanta realtor. winter, let me start with you, what type of properties are flippers looking for? >> typically they will look for a property that's distressed in both condition as well as price. so it's not uncommon to see an investor look for homes that have mold, foundation issues, plumbing issues, things that

your average buyer wouldn't necessarily look for because that will help them get the lower price properties and less competition. >> clyde if flippers are buying up homes in your neighborhood is this a good or bad thing? >> it can be a great thing. will increase the property value, so a lot of these properties, some have become eye sores in some of the communities because they have been sitting there. now if you have an investor that wants to rehab the property and give it a new facade and curb appeal it helps the property value for the neighbor. >> could get foreclosure appeared thiand things off the market. >> it can. >> flippers can make mistakes, they are mistakes they tend to make. the first one, first thing that flippers should do is get an appraisal. >> bottom line is the number one mistake they make is not understanding how today's lending laws will affect their resale. they mie find the buyer if they

don't understand how an appraiser comes up with the valuation, they are not going to be able to get the returns and they could be looking at major losses. >> appraisal is low, that is not good. >> fha has a 90 day rule they prevent investors from flipping in 90 days. so bottom line you get a low appraisal on fha loan, it sticks with the property four months. >> budget for the unknown? >> yes, budgeting for the unknown, when an i investor may be inexperienced start look at problem a but find b, c and d. if they haven't budgeted for the unknown it might be difficult for them to recoup the losses. >> keep expenses to market value. >> you don't want to renovate as your own personal property. renovate to current standards or they won't recoup the investment. >> good advice. to buy a home, clyde, you have

to pay for it. is it getting easier for people to get loans? >> loans are tight to get, if you have good credit, all about good credit, if you're an investor, flipping investors, they have to put more money down than five years ago. you have to be prepared for that and also go in knowing that you have to have cash secure to do those repairs and upgrades. >> seems like the flippers went underground when the market was dropping out, now they are back, do you think winter, this will be a good thing for the housing market then in the end? >> i do. investors do tend to come out in markets like this, cash does come out in markets like this. it helps not only take the short sales and foreclosures that are on the market off but helps increase neighborhood values, as well as a lot of the properties that are in this condition are unfundable according to lender standards, so investors turn the homes around and make them fundable which in turn helps the mortgage industry as well. >> obviously will take more than flipping homes but you think

it's a good thing? >> i think it's a good thing. any kind of boost or surge we can get to the housing market is great. >> you're so positive. such a cheerleader every weekend. >> we take what we can get. increme incremental steps. >> thank you both. just ahead, some exclusive new details about the oklahoma shooting spree. keep it here on cnn.

getting a check now some of the top stories, three people are dead, two injured in an incident oklahoma police say may be a hate crime. the victims were shot in north tulsa. a spokesman said it's not your standard homicide. local authorities have formed a joint task force with the local fbi, all of the victims are black. the spokesman says the suspected shooter is a white male believed to be traveling in a white pick up truck.

sad news to report from the art world, beloved painter thomas kinkade has died. his family says he died of natural causes in his california home. and they are shocked and saddened by his passing. more details will be released in the coming days. kinkade was 54. venezuelan president hugo chavez flying back to cuba to continue cancer treatment two days after returning home. he will meet with the cabinet before he leaves again. neither chavez or the government are giving details about the cancer he is battling. more stop stories when c nn saturday morning continues. but first sanjay gupta, md begins now. hey there, thanks for joining us i'm dr. sanjay gupta. today i'll take to you boston for a look at a new helping kids stay in the classroom and out of the hospital. we'll explain. off to phoenix and los angeles for candid conversation with seven time olympic medalist amanda beard.