@Bruce Woodruff the guy they cited has a company called Reventure Consulting and has a bunch of videos on YouTube…to summarize his content, the entire industry of real estate is in an utter free fall and he’s predicted a depression-level collapse for a couple of years now.

I like to invest in areas which were depressed, but have a new spark and attract young professionals.Thanks again everyone 

The prices are always going to be depressed here due high number of investment properties.

Yet how much the math stays the same.ChristopherShe is referring to a remote area of UT that is currently depressed by low oil prices.

The whole area is one long depressing stretch of liqueur stores punctuated by used tire stores with regular stretches of urban decay.If you're interested in MI for turn key purposes, check out Grand Rapids.

The great depression then the housing collapse from a decade ago. 

This is great advice.The single most depressing aspect of getting started is the unsolicited, negative advice.

Either way those areas are very rural and somewhat depressed.

Or, if you are after cash-flow only (say with the 50% rule), do you have the stomach for economically depressed areas in NE?

We have a current tenant who will go into a depression and stop paying rent and then will come out of it and scramble to get caught up.