$1000 rents are normal for 3 bd houses and 65k is reasonable for that size so that's where I would start. 3/1's are more liquid than other houses since they are more widely desired size.2br houses will sell for the 40k range where your all-in will still be ~$17k (8k down, 3k reserves, 6k rehab) and the rents will be lower $750-$800 depending on the area.

Even the folks who you might want to rent were either not financially qualified, credit scores below 550, or had criminal records.So far, I have not found Waterbury to be viable for investing in real estate, for short term projects.I swore not to buy another one in Waterbury, however, one of the contractors I hired, has asked me to partner with him on some multi-family homes, but I am not convinced.  

It is priced well below current asking prices in the neighborhood - at least $20k - which immediately caught my eye and raised my curiosity.

Anything below that isn't worth my time.

Check out my signature area below to see if I offer what you are looking for.

The so-called 50% rule (some use 60% if the landlord handles utilities) does have statistical validity over the long term and is a good guideline to use as s first screening filter.

The "Distressed" market as a whole, including detroit, is below 20% right now REO & SS combined, in the markets mentioned above, I haven't pulled it, but I'd guess it's under 5%, maybe even under 3%.

If you contact them as an agent, it is expected that you have Their best interest in play, which would eliminate wholesaling it for a profit, or buying it below FMV.

It is a good rendering of below market properties throughout the valley.I like it for my uses and hate to lose that, the monthly price is just over what I comfortably want to pay.My question is: how useful would something like this be to an investor who is purchasing multiple properties a month?

I talked to the mortgage broker who I used to purchase my home two years ago and he said that any loan amount below $75k would be a loss to him and the difference would come out if his own paycheck.