I would say that they are moderately out of line even for a U.S. borrower.

Financing got significantly harder in the last 7 months as @Jake Fugman mentioned the HomePossible program going away, but I have found great luck financing through Huntington Bank in these "low to moderate income tracts" where they can give you back roughly $5,000 at closing, including FHA deals. 

There is no cookie cutter method for investing and the moderators said that general investing discussion is within the guidelines.

I have one that says "When I am not an alcoholic, I am a chocoholic".What do you think? 

Does anyone have any advice on what areas to begin to look for moderately priced real estate with high rents and growing potential?

They are great for moderate weather, but I would take gas any day if it is one or the other.

"Fair Market Rents (FMRs) are used to determine payment standard amounts for the Housing Choice Voucher program, to determine initial renewal rents for some expiring project-based Section 8 contracts, to determine initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program (Mod Rehab), rent ceilings for rental units in both the HOME Investment Partnerships program and the Emergency Solution Grants program, calculation of maximum award amounts for Continuum of Care recipients and the maximum amount of rent a recipient may pay for property leased with Continuum of Care funds, and calculation of flat rents in Public Housing units.

Have you had any success finding local or moderately local (Warwick, Fall River, etc.)

They advertise:• A low down payment• Competitive, fixed rate - 3.875%• NO origination fee -- typically 1% of the loan amount• No mortgage insurance requirement• Up to 100% of loan-to-value The catch is the home has to be in a low to moderate income area.

They advertise: A low down payment Competitive, fixed rate - 3.875% NO origination fee -- typically 1% of the loan amount No mortgage insurance requirement Up to 100% of loan-to-value The catch is the home has to be in a low to moderate income area.