I don't anticipate it being worth a whole lot more than what I bought it for.I don't think I'm going to be headed back to Dallas but I will be in Texas forever.

I found real estate about a year ago, and willing to do the work i got my real estate license i have about 4 months left on my term, but once done ill be heading back to Mesquite TX, a Dallas county for anyone that does not know where that might me.

You won't learn everything there is to know about financing deals from working for a mortgage broker, but you'll be head and shoulders above most other people.

I'm thinking that if I was already investing from out of town, I wouldn't be headed towards Raleigh.

It is smart to do a little due diligence into where the property taxes might be headed as Joel mentioned.

They also give you an idea of where the market may be heading by the time you are ready to list your property after it has been acquired.

However, currently these are drying up very quickly, as most of the country has foreclosure moratoriums and even if not, courts and sheriff's offices are not holding auctions.Once things open back up, if the market continues to hold strong, like it has (again somewhat artificially), I would be heading to the Sheriff Sales to buy things. 

I'm very interested in investing in Bham as well and will be headed there this month.

However it looks like we could be headed for another bubble - burst cycle.

I have come up with the following criteria:Out of state absentee ownersmy zip code + 20 mile radius2+ bedrooms$30k plus in equity and 50% plus in equityLast market recording date 2006 and earlierProperty type: SFR, Multi, DuplexNo corporate or trust ownedI've come up with 439 names, which I think is manageable since I'll be head chef and bottle washer for this project.