I've passed up on a lot of cheap houses in crappy neighborhoods to get a okay house in a great neighborhood. 

They're cheap and very effective.  

The apartments are pretty cheap and basic so it's generally lower quality tenants, the buildings are old but pretty well maintained, one has a nice view of downtown.

Try my friend Keith Long at Thunderheart Flooring but he's about an hour north and doesn't usually travel that far for cheap.

Also, is it a bad idea to invest in real estate in a city where most of the properties listed are in foreclosure even if everything is cheap?

Not having a pool isn't a deal breaker for most tenants and if you do rent a property with a pool, you have to either rely on the tenant to do basic maintenance (dip out leaves, empty skimmer, brush down steps, fill it occasionally) or hire a pool company to do service - and that ain't cheap. 

Rent to price ratio around 1.2% so a bit over the 1% rule of thumb.I am wondering actually why ogden is so cheap compared to the rest of utah?

From what Ive read the smartest thing to do would be purchase a "live in flip" where I would purchase a home for cheap, do upgrade and fix it up, then sell it for a profit.

I live in Alexandria and I just thought of these two places because of the drivable distance, the availability of multifamily properties and cheap prices.

Anyone have a reliable "guy" to do a cheap condo do-over in Palm Beach, Lake Worth, Greenacres, Boynton Beach area?