Just as an example I am buying a property here in Nebraska for $65,000, putting about $25,000 into it, and it should have an ARV of $125,000.

They are expanding very quickly in southeast Michigan and they charge only a flat fee of $79 - no tenant placement fees! 

If you're looking to buy and hold I like nonvolatile markets anchored by major cities in the midwest and south/southeast.

In that time I've lived in the southeast, mid-west, and currently the mid-atlantic, and everywhere I have been has see some appreciation o er the past 8 years.

I’m interested in southeast Michigan.

Also if there is anyone in the Ann Arbor, or southeast Michigan area that has a good real estate lawyer they could recommend that would be greatly appreciated.Thanks,Will 

I think @Ryan Evans has a good argument about the broader Tacoma area, but there are still some pretty significant neighborhood differences if you go 30 blocks south, east, or west.

Southeast Wisconsin is drawing a lot of speculative money for rental housing as a result of the FoxConn development in Racine County.

Let's keep the negativity around the asset class away...Mill Houses comprise much of the most affordable inventory in the Carolinas and other areas of the Southeast (Greenville, Spartanburg, Charlotte, Gastonia, Shelby, Triangle - Raleigh Durham, Augusta, Columbia, Hickory, Rock Hill).  

Ironically Lennar's Southeast Florida segment is the fastest growing over the past two years, almost doubling in units delivered and almost quadrupling backlog.