I've remodeled a house next to a well maintained cemetery and it did take quite a bit longer to sell compared to other properties in the neighborhood.

In Las Vegas, for a short time they were the way to go, but the market out here has shifted and short sales in most cases are no better than a bank owned and the bank owned is a much quicker straight forward transaction so the need to pursue what is often a messy more time consuming transaction isnt necessary.  

Sure, $800 rents might not look like much compared to markets where you're getting $1200 but you're paying half the price for the home in many cases.

Hey BP CPA's,I'm a DIYer when it comes to taxes (please don't yell at me) and until now my taxes have been fairly straightforward.  

Good stuff, but nothing compared to Tim Ferris, Gary Vaynerchuk, Seth Godin, Darren Hardy in my opinion. 

Maybe I'm foolish and will lose a ton of cash investing this way, but compared to what I have locally I like the deals I am seeing.

Cost to set up an LLC is $125 and is pretty straight forward and simple.

Check tax records for physical properties of the home (number of beds, baths, sq ft, etc and compare to old listing information if available.  

The prices are very affordable compared to this side of the state and I think the returns may be a little higher percentage wise for rentals.  

I have absolutely no affiliation with B2R finance whatsoever and haven't heard of them since this post but when you come on a public forum (one that appears at the top of a lot of real estate related google searches) and are skeptical of a lender with no direct or indirect experience with them it is just not right to do in my opinion to just throw things out there with no basis.When the gentleman from B2R finance responded to your post you responded with a response not addressing the B2R rep and gave some vague skepticism of out of state lenders and their interest rates compared to your local lender.Not sure what your angle is here, but if you could clarify what your issue with B2R is we would all like to hear it.