Keep in mind at the prices you mentioned the homes will still be in a tougher neighborhood.

Also keep in mind condos are tougher to sell in general due to warrantability and even more so now with the tighter lending requirements.

Plus he can get you a best-fit suggestion close to your high-LTV loan, but it'll probably have tougher terms and higher rates.

The market is rising, so it is certainly tougher to find deals priced low enough, but they are out there.

I have looked in PA for smaller deals but it is a tougher market with less appreciation.POLL:What do you think about buying a 2-4 unit property locally with an FHA loan?

Layout - Units with +4 bedrooms can be tougher to find an entire group of people / family to live there. 1bedrooms and 2bedrooms units we've found are easier to fill.

Brick/stone. 1950s or later is preferred but tougher to get here where the numbers make sense.

Areas can be a bit rough, I've heard some stories about tougher-than-usual tenants, the area hasn't seen much (if any appreciation).

. - I could give you some pointers of the different areas around here, the better spots and the tougher spots.

Even if someone finds a property and is able to view it and maker an offer, there are likely slow-downs such as an inspector being weary to enter a property, securing funding as some claim that has become tougher, etc.