I suspect maybe something like Hagerstown or Cumberland, which yeah are Class D like markets with declining populations, high drug problems, no strong job base which leads to non paying tenants.

Was your loan based on just the purchase price or the total project cost? 

Especially #4 about durability.Do you charge your clients a flat fee based on size/price per sqft for your services, or % of spend?  

I am based in Virginia and licensing requirements here seem manageable.

The loss of priceless art, jewelry, autos, memorabilia and watches could often match or exceed the property values.

High property taxes often signal inefficient and expensive state and city governments.Zeina, if you focus on selecting a city based on your financial goals instead of the opinion of others, you should do okay.

Based upon the screenshots of the software it looks like Investor's Edge software is just a white label of Propstream. 

Based on your question, you have two core decisions to make, and they may conflict with one another - where do you want to live, and where do you want to invest? 

Below is the monthly average number of preforeclosure leads based on number of filed NOD, NOTS, LP occuring per month (from 10yr of data from recorders documents).

Quote from @Derrick Roland II: "but based on my pre-approval"  This is the most important phrase of your post.Where did you get that pre-approval?