The students have been allowed to live all over the west side of the city, and student rents stayed pretty steady (though they have increased every year that I've been doing leasing). 

I like the West Mobile area, its class A area, you can definitely find deals there, 3 bedroom with 2 bathroom for around 220k or so, you may have to wait a couple of years for positive cash flow but properties there increasing in values better than others.

Many mid west wholesalers tie up deals with no money or as little as 50 to 100 bucks..

The states I have so far are Alabama, Colorado, Florida, Maryland, Michigan, Mississippi, Montana, West Virginia, Oklahoma, Arkansas. 

Have you looked farther into the mid-west?

Just like on the West coast pre foreclosures are highly regulated but folks violate those laws all the time..

these were common west coast rambler designs..

Personally I won't buy anything west of 3rd st which is hwy 61 if you're looking on a map.

I have a friend that lives on the west coast and buys up these cheap houses to slow flip all  over the midwest.

I'm sure the people who wanted the wild west of SIDRA type accounts will be probably disappointed with a new regime.