New Hampshire, which is where I live (about 20 minutes from the mass border), or Boston area.  

Maybe one day when I have a million to gamble with, I'll move up.  :-)Bill Gulley

NOT at all appropriate for out of state owners unless your going to buy 100 of them and self manage and repair.  60k is kind of the border line from what I see.. with 80 to a 100 having a half way decent chance.

I believe you could get in a heap of trouble south of the border with that response.

They have 7 years to refinance the property and cash out the mortgage holder, so they are gambling that prices will be back up in 7 years so the property will appraise for 235k and they will clean up their credit so they can qualify for a loan.

(I live on the border of my state)Educate me!!

Get a home improvement book at Borders on painting and you can see in 2-3 pages just about all the tips you will need to get it done right.

your strategy works for you definitely...hope this doesn't border on hijacking the thread, if it does sorry...do you worry about someone undercutting your rental rates?

Scott, As to the rust belt geo borders, I use the wiki map.

I understand I would be taking a gamble by spending the extra money for some items now with the risk being I may not be successful at re-zoning.