Also, between 183 and 1 (Mopac) in North Austin seems solid because there are a lot of tech companies along the Parmer corridor and there is The Domain (upscale shopping mall, like Santana Row) in that region as well.Sub-$200K is tough, but mid-$200K is doable, as are some older low-$200K homes.

I'm a licensed real estate agent covering the greater Philadelphia region - if I can be of any assistance please feel free to reach out.

I have been RE investing for 15 years and I have over 5 rental portfolios consisting of multiple SFR, MF, and commercial throughout the Midwest region.

It ended up being located near the Beacon Hill Light Rail station in Seattle and saw an immediate 10% jump in appreciation when the station was announced, and within a month of the station opening, another 25% bump.Over all, as the Light Rail continues to expand, it will help transform Everett-Seattle-Tacoma into a single "super-metro" region, and any property located near a station will be an incredibly valuable asset.

Recently I got accepted into a college in Toronto, Canada for mechanical engineering and I'm interested in out of state investing.

@George Gammon - That's an interesting perspective...but this is not Ecuador.I acknowledge that purchasing power obviously impacts demand, but I think you're underestimating the relationship between population and available housing stock as a factor.Purchasing power is not the problem in my market, inventory is.There are obviously regional differences, but what I'm seeing on an almost daily basis is a serious inventory shortage for retail home buyers who have plenty of purchasing power, are pre-approved for a reasonable loan product, and cannot find a house without being in a multiple offer situation. 

It a government loan program (similar to FHA), but available to investors.I would Google the 10 largest local/regional banks in your area and just start calling them 1 by 1.

Hi all,I am an investor (newbie) in Philadelphia region.

As a WPA native, I know the region well and feel comfortable investing from across the country. 

I realize they work with different lawyers in different regions but was just wondering if anyone had their own stories to share.