And, while I am naturally biased toward Birmingham, I actually just wanted to comment to agree with his assessment of C properties, regardless of market. 

But that's my bias because so many people move pretty darn frequently to upgrade, get a bigger home, etc. 

I may be biased a little bit. 

Charlotte "souburbs" (NC / SC) and Atlanta (GA) "Norburbs" in terms of Current and past rise in prices (P$), future growth (Gr%), rental potential (R$),  how good is the tenancy, quality of demography* (Demo: Best-to-Worst), maintainability (Mnt), availability of good rental mgt. companies (Misc) etc. crime rates (safest 1 to least 5) , natural risks (Disaster Index), Insurances (In$), property taxes (Ptax$)(Note: *Quality of demography has nothing to do with race, age, gender, family structure etc.

This is likely due to an uneducated bias.

@Jill Rio if you are still in the market, I would ask @Heather Hopkins very knowledgable on the east bay and very investor friendly...I may be biased as she is my wife, but we invest in the East Bay and she is the lead on all acquisitions!

@Tim EhlersLOL I did not think one could blatantly solicit business on the forum side of BP.. so all your responses are from those that sell property.. so consider the source they are all bias to their areas.. :)Hopefully you will get some response from those that are not sales folks.. :)I do have first hand knowledge about kokomo though.. its a nice little under the radar burg.

Wherever you go, you'll have your answers-- and since you worked them out and created them, the results are presented on your own terms with your own biases and preferred analyses already built into the sheet.    

Although I'm biased toward my own profession, hands down the fastest way to get your hands on currently available foreclosures is to get a competent agent who knows foreclosure work and can find them for you on MLS.

Obviously my feedback is biased:) but if you want to talk about what we have been up to I'm available.