Obviously Detroit, Hamtramck, Highland Park, Hazel Park, all offer some options for very low priced housing.The issue however is that pricing in the area is starting to heat up quickly and it may be difficult to get the same deals my friend got just three or four years ago ($20k  purchase price pulling in between $800 to $1200 in rent with $20k in rehab). 

Even if it is 80K, it wouldn't really change things all that much.33K for a kit home shipped to site.  10K for slab foundation. 10k for heat, electric and plumbing. 8k for roof.

The heat?" 

I work in IT down here in Miami, FL.

my jacksonville Fl retail realtor friends say their 3 bed 2 baths, 200k and under, in select zip-codes, with slight repairs needed, get full price cash offers, all retail priced, same day, multiple offers, site unseen from internet institutional backed companies, from Miami to California..families looking to buy at or under market get squeezed out and ignored...these companies are like open door who are buying and then flipping with thin margin using volume, and most others others are buying to hold and lease out.. 

They are not heat or scratch proof - only resistant, regardless of brand.  

Hello forum, I recently purchased a house in Miami FL with an FHA loan.

My name is Daniel and I am a new real estate investor down here in Miami Florida, looking to purchase my first property - a 4 unit property(fourplex/ 4plex/ quadplex).

Hello forum, I recently purchased a house in Miami FL with an FHA loan.

The Bahamian dollar is pegged to the US dollar, they speak english, and it is a 35 minute flight from Miami or Ft Lauderdale.