I was thinking of looking in the 60k - 100k range for my first property.

We did not meet their reserve price so I thought that was my out, but Auction.com said they will still submit the bid to the seller if you are within a certain range, which I was (fabulous).

Every time I use those numbers without bringing the price down to the $150000-$165000 range it just does not work.

My second spreadsheet is mostly pulled from census data/trulia/zillow (so I take the numbers with a grain of salt) but it lists on the X axis the zipcodes as well as the county as a whole.On the Y axis it lists: average listing price, median sale price (90 day period), median sale price versus last year, price per square foot, price per square foot versus last year, median rent per month, vacancy rate, annual property growth value, number of rentals on the market for that month, median rent versus last year, median rent divided by 1BD/2BD/3BD etc etc, median age, median household income, school districts, single residents, college educated percentage, percent home owners, population growth etc (there's more but I feel this is sufficient to get the point)3.)

I personally have a 4 unit that cash flows in that range. 

In AZ, the predominant building segment has been in the higher price range of semi-customs where builders could make more profit.

However, the insurance broker I met with estimates in the 50-60k range.

@Joe Benson What are properties in that price range currently fetching for rent?

At that price range, it has slowed a bit, but before a drastic price cut, how is the marketing on the property?

Do you have an estimated range for the water charge?