If your in a Mortgage state like Alabama its expensive.. if you in say Mississippi or Georgia is cheap and quick..

Generally I would say you want older Cities which means most will be East of the Mississippi and probably in the northern part of the US.

., where I am originally from, Colorado, where I spent 3 lovely years, New York, where I spent 10 tough years, Arizona, where I own investments at the present, Tenn. where I live at the present, Louisiana, Mississippi, and a few others.  

Im currently working on the west coast, but home is southern MS/AL which is where I hope to settle down and invest (may include west FL in my investment area also).

I've been meaning to set up a tracking system using MS Outlook.

@Mary Davies Ms.

This place is like an MS in Real Estate.Matthew

You think some guys on this site frown on wholesalers working on the fringes of legality.. well builders did not like this at all.Plus if you sell to a bunch of investors in a SFR tract you are absolluly correct it will have a negative impact on values.I bought 12 new homes for go zone in MS but  the builder would only allow 5% of any one track to go non owner occ.. so this has worked well.. the few I have are sprinkled about in these tracks. 

In Mississippi, I'm getting 5 yr. terms with 10 to 15 year amortization for properties with strong financials, meaning debt coverage.

That is why Florida, Louisiana, Mississippi and Texas are hot spots.