They are not cheap by any means (expect double digit interest rates) but they are available. 

Wood Floors not sealed, tile not properly installed and grouted, cheap flat paint that the tenants can't wipe finger prints or food splashes off, countertops not caulked so water gets behind causing water damages, the cabinets were painted over not replaced the list goes on and on.

Often times, cheap is expensive!

Rental arbitrage was hyped up when money was cheap.

its not cheap but its pretty good data.  

I have a friend that lives on the west coast and buys up these cheap houses to slow flip all  over the midwest.

The 15-year period of cheap money on which every US real estate investor has surfed is over.

The 401k loand might feel like "cheap" money, but that 10.5% interest rate means it's more like a short-term hard money loan.

@Russell Brazil: I dropped off for a bit there because I was travelling and had not connectivity.

After some travel over the past few years, I find myself back in Boston with a job that could shape up to be pretty okay in the long run.