In Lehigh, you can find many gems that are just 15-20 years old with previous owners unwilling to pay for the repairs.

It's an expensive town to live in, with a shortage of LTR's, so they are eager to decrease STR's and increase LTR's.Mayor Jablow recognizes the importance of STR's for a higher quality vacation for tourists, but he and the local administration want to limit this, once there is a AZ law that allows them to do so.One of the best "nuggets"/"gems" was to hear him say to us that upon a AZ law getting passed that does indeed restrict the number/percentage of STR's, those that already have a permitted STR in Sedona will be grandfathered in.

Our rep is Giovanni, and so far he is a rock star and got us $33,000 in the first couple of weeks and he is working on raising even those limits before we move on to business funding.Hope that helps!

Keep an eye on the FHA foreclosures - sometimes you can find a gem that you can purchase with some of the information that the above folks have provided.

There are a few "gems" I've found that can make it work but they have issues as a trade off.

Whether it’s low interest rates or more people have discovered the hidden gem of Toledo, good deals are much harder to find now, but certainly still exist.

As I've learned in OKC, not all brokers can reliably dig up and identify the BRRRR gems. 

It´s easy to mark all flippers as inept but a person could be passing up a gem where they decline a wonderful property based of something common and insignificant.

The deals are harder to find, but with a little research there definitely is some gems out there.  

I know I wouldn't find such gems in Boston, but i was expecting at least to make %15 to 25% cash on cash return on my down payment since its leveraged by a mortgage, anything less would be unacceptable by my standards.Feel free to double check my math if i am wrong.