I am in the epicenter of the foreclosure crisis, port st lucie fl and a 3/2 that will fetch 900/month isgoing to sell in the 65 to 70k range.

It has a large shed, AC, includes frig, stove and stackable washer/dryer, has tip-out which makes a large living room, two car parking port and carpet less than two years old.

I figured some rent was better than none.One seasoned investor told me how to get rid of unwanted tenants and he called it "U-Haul Money".If you really want them out, offer to give them money to rent a U-haul for a one way move if they move out in say 72 hours or less.He told me that was better than to have them staying there a few months trashing the place and not paying you anything.Best Wishes with your investments.

I've been adding silver to my port folio for the past little while.

We have been looking at properties in the Port Richey area in the 40k-50k range with a 5k deposit.

im with John on investing in college towns though because its important to have schools,jobs hospitals and something about the area interesting like here are some examples. a nearby water feature like beach,ocean,port,major river,lake mountain w skiing, or mild climate.

Then, I loaded up a u-haul trailer with what I thought I needed and drove across country.

Then Ill look for more purchase near my original rental in the DFW area. 65k should get me a modest 3 bedroom 2 bath home (detached garage/port).

I looked at Port Charlotte briefly and saw some nice houses around $250K.

If $1700 is market rent and market isn't saturated, the prince shouldn't be a problem and renters typically are renting because they don't want to commit to a mortgage and/or may not qualify or need to move in a few years.