For you investor folks viewing this purely as a business transaction, who can afford to lose the home and your EMD without your entire financial life going into disarray (you shouldn't be risking what you cant afford to lose if it's business!)

Ladera Heights and surrounding areas are much more affordable and might be a good candidate for your needs.

Maybe the asking price is so right that you can afford to do whatever it needs, but it might be worth talking to the city or county codes person.

Lee and Charlotte Counties are great places for flip properties and affordable buy and hold properties as well... especially with the way rental rates have increased over the past 5 years.As for the Smoky Mountains, I'm sure I don't have to explain the vacation rental potential up there.

Hello, I am a new-to-Real estate investor looking for affordable rental properties and fixer-uppers in the Phoenix metro area. 

But I also cant afford to lose money.

You don't just want to buy something that you can afford to - you want something you can sell for a profit.  

There are plenty of bars, and you can usually find things to entertain yourself.

I would not be able to afford the down payment if it wasn’t for my real estate properties.

My name is Chris, I'm currently a 23-year-old college student in Los Angeles, California, studying Visual Effects for the entertainment industry (i.e., special effects for movies -- y'know, blowing stuff up).