The prices here have gotten so inflated, mostly driven by out-of-state money that even if you did find something under $250k, its going to be in such rough shape you're going to need to put serious money into the rehab (I asked a buddy of mine whose a contractor about this scenario and he said for a 3bd 1 or 2 bath purchased under $250k you're gonna have a very difficult time rehabbing it for less that $75k based on its likely condition if it sold at that price).  

@Jacob A. I

Looking to network and/or just meet smart driven people so feel free to say hi, Hola, or "I know someone" :) Looking forward to being part of this community!

For instance I invest in Charlottesville VA which has demand driven by the University of Virginia, Monticello, Virginia wine country, and the Shenandoah national park.

Studied AI at Stanford part time. 3.

Therefore, anyone around the Lincoln area who would like to link up, or has any advice for a driven newbie please feel free to reach out.

If this home was gifted to person B while person A is alive, then person B's basis in the house will be $50,000 so when person B goes to sell they will have a $1.0m taxable gain (assuming no improvements).

We live in a credit-based system, so access to conventional loans and lines of credit is heavily driven by your worthiness.

An internet site can't produce higher rents as it is driven by the market.

Some cities are driven by a specific industry some examples are below":El Paso- Freight/tansporationHouston- EnergyAustin-Tech, GovtSan Marcos/ Waco- EducationSome cities are well rounded like Dallas with finance/energy/agLook for major industries that have continued growth and are predicted to maintain that growth.