Thanks Jon,Higher than average unemployment here in Ohio plus its getting colder so it would be an ideal project over the next 3-4 months lol.Labor would be cheaper than in most states, it would come down to material costs.Thanks.

So now in the rust belt and other mid west and deep south areas what has caused this mass defection from the neighborhoods. .Well obviously in Detroit it was the auto industry.

From a rental perspective, these projects are about as ideal as they get, and I'm in a unique position of getting early dibs since I have insider connections, so I'll just be looking for funding.

I deal with middle class to luxury  condos in areas that are not replaceable. 

My latent passion for real estate investing was recently rekindled and here I am ready to dive in and start creating my own deals.I've been getting out looking at open houses to get a sense of my local market, crunching some numbers, and reaching out to people to start building up some contacts in the residential real estate world.My ideal path is to do some rehabs to generate some more capital and then move to buy/holds.  

My wife has a student loan and i have a 10k auto loan..

@Dawn Anastasi and @Jenkins Ramon our loan is commercial so no escrow for taxes and insurance (ins is through Auto Owners) so I have a separate savings account that I transfer money into each month).  

In an ideal world Investors would only approach when they are researched and ready, and Realtors would clearly know if they are investor retail or investor wholesale (as there is a difference), and then we all know where we stand.

Hi @Dan K.I'm in a similar situation where there's not an ideal space for a washer/dryer in one of my units.  

In your opinions what area would be ideal for quality homes under $70,000?