I suppose the closest thing is to target counties that have foreclosure diversion programs.

The closest is in South Carolina. 80% LTV on investment properties.

But, the condos with the best lakeviews rent more often (30% or better) The ones closest to the amusement park rent better.

@John Warren no I’m surrounded by corn fields, closest metro hour is at least 2 hours from me.

@Aisha Mackey Delpratt i saw your post i know its very old but theres a HUD list you can look up your area and see what lenders have closed 203k loans in the last 12 months... so you know who's recently done it and might be more helpful than picking random lenders. https://apps.hud.gov/pub/chums/f17fvc/203k.cfmyou look up your closest metro area and can see the list of lenders!

I would find the closest comp and adjust for appreciation.

I seen there are meet ups but the closest is Chicago.

That said, I think that the realtors are still selling the sizzle, and that there is a good amount of steak in Racine and the surrounding counties for people who commit to doing the footwork to find it. 

Really buying any real estate that will make you money will be good experience, but buying real estate that is closest to you final goal is the best.

And when they told their 10 closest friends about paying the extra 1% for the luxury of working with the one and only Wayne Brooks I am sure all 10 of them were lined up outside your door at 7am begging you to work with them too right?!?!