If you are willing to jump borders to Northern Virginia, Potomac Yard still has a lot of potential, but their prices are incredibly high to start out with.

The high end being $1100 puts a better light on it with the same finances but that's a gamble to think it would garner that much.

I wouldnt buy it unless its right at the border with an area that is a c neighborhood or higher.  

This one in particular had been on the market for a year in a very remote area (East Texas border near Louisiana)... 

Harry Gamble Based on your experience as an attorney how do the security deposit laws work in your area?

I live in North Texas (up by the Oklahoma border) on a lovely ten acre spread.Currently, I'm an Executive Image Consultant, Author, Speaker, and Mom.

Maybe even across the border in Vancouver up to Longview?  

I don't mind giving you my input if you want to provide the address publicly or privately - I've done multifamily in-fill, single family in-fill, and lot split projects (one of the current ones is about 10' from the La Mesa border, so I know that general market).The hard part is figuring out how much any proposed project is going to cost, and how to control your risk in a market where labor and fees are high and the fundamentals don't necessarily support the sales prices.  

If you have a history of gambling problems and not paying your bills, the "asset based lender" still isn't going to give you their money.

Flipping a house, even if Dennis does 2-3 a year, still takes months to complete plus if he has a home office in which he runs the flips from and researches for new property all while taking the tax deduction for it, is all running a business and i would be very careful playing that gameAgreed, this is a highly subjective fact intensive determination and border line cases are notoriously difficult to predict, with selected outcomes at times being contrary to what one would expect.