Jessica,Call a few realtors and butter up to them and see what they can do for you and what you can do for them.

The fact that nothing backs up our dollar any longer since Nixon, we have an artificial or synthetic financial system.

What I found out by talking to people locally is that this is a good basic bread and butter prop for the area.

. :)In the markets where the hedge funds are buying bread-and-butter 3bd 2 ba houses in nice areas those empty rentals will become the former renters' new home.

My bread & butter was cruching the numbers on a deal, then get the ugliest house on the block, and turn it into the top dog in 6 months!

For any seasoned investors operating in the Philadelphia (city/suburbs) and South Jersey area, what are some good bread and butter areas to consider for rental properties?

Just not sure i could move there and give up my Maine lobster dipped in some nice melted butter :)Nice to meet ya Jay!

Low mid end real estate (bread and butter properties) tends to do ok as people still need housing and are forced to buy or rent and prices rise based on demand and generally keep in line with inflation.Mid high to bottom of high end prices tend to be crushed because these "prestige" properties tend to be bought by people either speculating or trying to keep up with the joneses and they tend to be highly leveraged.The very high end stuff shoots up into stratosphere, but they are bought by a very very select group of people.So besides macro economics, property types (and as such the location) matter as well based on my limited experience.

I wouldn't suggest focusing a lot of time and energy on publicly listed properties in Atlanta, especially areas and price ranges like those that are the bread-and-butter of many seasoned investors.Instead, I'd recommend doing some marketing for off-market deals...

It was a double closing, and it went smooth as butter.