I grew up in the town plot section of Waterbury.  

Many grew up in the tradition of endless failed lease options and contract sales.

She is interested in doing some out-of-state investing there as she grew up in that area and may move back in the near future.

I grew up not too far from you in TN and spent a few years in Huntsville, so I know your area a little bit.

I grew up near you in Upper Saddle River.

I grew up in Fayetteville and my parents are still there so still go quite a bit.

I've always been interested in investments, I got my start in equities, but grew interested in real estate after working for a company with a large portfolio of commercial mortgages.

Since I grew up being around them more than half my life, I've seen a lot.Due to certain market conditions, cities, municipalities and counties operate differently from one another.

It's what I grew up with, and currently live with :DI went to Lowes and didn't find anything.So... any idea how much?

Now obviously if like your wife you bought long enough ago rising rents have made her property viable but purchase price to rents out here are just nuts especially with the current climate of appreciation.I invest buy and hold out of state but I do so where I grew up and do know the areas so it makes it much more doable.I don't flip myself, but know some that do and what I have heard is that the # of deals has absolutely decreased but that the margins have gone up so the 2 have offset each other.I think were I in your position, evaluate if your flipper friends would be willing to help you break into the market.