cheapest livable houses in your area

[Bill Schultz]

I am frustrated with the prices of houses in my city. In the mls, the only houses under $35,000 are ready to be condemmed, and there are only 5 of those. The price point to make money wholesaling, you need to be under $50,000 but there just isnt much out there. Are other people finding the same things in their areas? Even for rentals, you have to spend $100,000 to get a property that doesnt need much work that will rent for $900 a month, nothing exciting there. I hate hearing about people buying a nice property for $40,000 that brings in $1000 a month. Same for flipping, there just isnt money to be made on many of these.