Within these townships are cities, villages or hamlets(towns).   People

Homes aren't dirt cheap but you can still find a deal compared to the prices of Austin homes.Check out all of the tertiary markets that are within an hour or so drives of these booming towns. People

We then began contacting people in different markets and settled on a smaller town in the Southeast.yes I been running numbers and searching for a few days now   Just reading forums and looking up diffrent towns people have mention  .. what town in the south East ?  

Frankly, in small towns people have to live somewhere and if I put out the best product, my house will be the next one to sellMy recollection is the last 2 crashes had some legislation that fueled the flames.

We have peripheral towns like Joliet, Rockford, Elgin, etc that are larger than a lot of the other Midwest towns people think are hot spots. 

They are voted in every election cycle by the majority of deadbeat “ gimme free crap” townspeople who voted the same way every year since the dawn of time because they think somehow a politician will make their life easier and improve social conditions .. and every year they are disappointed 

I do not trust the market here and think now might not be the time to buy here while prices are so crazy.I saw that a lot of people mentioned taking the $50k and putting it as 2 down payments, or refinancing etc but my issue is I can not get a conventional mortgage, and the hard money i can get is @ a rate of 10%I was thinking that maybe Gainesville might be a good area, close to the uni, or other uni towns people might recommend, however not sure there will be much capital appreciation, even thought the monthly returns seem to be between 8 - 10%Thoughts???

How Binghamton (and other towns like it) mishandled the situation out of desperation in NY, where taxes aren't really regulated from what I've learned, is the city/county councils or the townspeople (not sure which or if it's a combination) decided to raise taxes through the roof to try and stop the bleeding.Just for grins - well, I shouldn't say grin, as it's really sad - but for edification purposes - take a look at what you can buy in Binghamton for the money. 

Your family thinks it wastes time away from them ,the tenants think your evil and a greedy oppressor ,The city thinks your a profiteer trying to get bilk money from the townspeople.. my advice is don’t make it personal your just going to be let down when the tenant leaves you With no rent ,a dead hooker stuffed in the closet and  cat urine soaked carpeting