I just acquired a foreclosed property in TC, 500 ft from one of the inland chain of lakes ( Spider, Arbutus) for a great deal.

@Jim Lamp'l I would avoid the green run area of Virginia Beach and look more around the Ocean Lakes or Salem areas.

We are living in the Salt Lake City Area and are thinking about using and FHA loan to buy a Duplex, Triplex, or FourPlex.1.

I've learned alot within the past 4 months and while driving and working with investors in  Racine I've seen many opportunities especially as you head closer towards the lake.

I live in Salt Lake City, Utah.

It currently has a new doublewide, a single wide and a pretty small lake stocked with fish.

I am an out-of-state landlord with two properties in East Lake.

I am about to finish redoing one in 34482 (about 2 weeks from finishing it) and then just bought one in Lake Panasoffkee that's a flip that I need to get started on asap. 

While I acknowledge that economic strength is just one facet of a good rental market, it is a major factor and I wanted to share what I've found (the details of my methodology and raw data can be found after the various rankings):Top 10 best economiesProvo-Orem, UTSalt Lake City, UTCharlotte-Concord-Gastonia, NC-SCChicago-Naperville-Elgin, IL-IN-WIDallas-Fort Worth-Arlington, TXKansas City, MO-KSLongview, TXLouisville/Jefferson County, KY-INSan Francisco-Oakland-Hayward, CABirmingham-Hoover, ALThere were two main factors to overall economic strength that I looked at – how diverse/broad the economy is and how many economic drivers (i.e. strength) the area has.

Own my personal residences free and clear Vegas i paid cash and Lake Oswego will be paid off within in 20 months.