In the cities you listed in the East Bay, competition for "turnkey" homes are non-contingent offers from emotional buyers. 

There are some for 60K which are located in underdeveloped areas, but I did locate a few areas which might seem attractive - those in East Village, Fernwood/Bayview, and Riverwest.

I am in a middle of a deal, owner finance.

I recommend finding out what kind of investing you want to do (buy and hold, single family, multifamily, flips, etc.) and what areas you want to invest in (downtown, east orlando, the outskirts, etc.).Then I would recommend interviewing a couple agents to find the right one who is knowledgeable around the kind of investing your looking to do in the areas you desire.It's important to understand the basics of real estate investing, but don't get stuck in "analysis paralysis".

One house we lived in had an intense field in the middle of the master bedroom - the mains went under the floor.

They can pack up and leave in the middle of the night. 

It was in the middle of a Thanksgiving Day parade and cars were banned in the downtown area.

Purchase price: $180,250 Cash invested: $180,250 Contributors: Alejandro Siguere, Hugo Urbina This one isn't your average cookie . . . we bought an old farmhouse smack dab in the middle of an area we love and are doing some redevelopment.

You could absolutely become an agent and use that to your advantage to become an investor, you eliminate the middle man essentially, but you do have to have a broker to hang your license and that means fees.

Yes they are all less than a 4 minute drive from each other in the East Humboldt area.