We've been West to California and up to Washington, East to Wisconsin and Florida, and most places in between.

And a blue collar worker could afford an upper middle class lifestle and mortgage.Neither of those situations prevail any longer.all cash

From an experience point of view, I had 2 internships in college (merly lynch and smith barney) and shortly after graduating I joined a company out of the East Coast as a project administrator, and 6 months ago I began my position as the Director of Business Development for Capital Consulting Company.

Vacancy rate is 17%3. middle to low class income area4. mostly retired people.Based on this information my options are:A. to purchase 2 manufactured 3/2 homes (one for each lot at a cost of $39k each) to re-sale for $80k each (after selling and other cost) I estimated a $40k profit. the negative part of this option is that based on my research, manufactured homes may not sale for that high in this area.B. to purchase 2 mobile homes for $5k to $10k each and resale at cost just to recuperate the $30k of the land, cost of Mobil homes and any other cost.C. will be to do option A but to rent each for $500 to $600 per month based on what I can get for Section 8 in that area.Please let me know what you think or if you will consider another option.Additional facts:1. this will not be a 1031 or like kind exchange (based on IRS info)2.

I am a affiliate broker/wholesale investor in middle TN and have been in real estate since 2007.

If cash flow is strong enough, one could reinvest continually and transfer all the properties at death, but due to other interests, I am hoping to keep the business relatively small .... and have a more flexible exit strategy :)For Jerry and David -- my fellow Pittsburgh investors -- I like lots of areas in Pittsburgh, but I know the East End best so I stay there.

I'm also looking at appliances right now for two houses I'll be putting on the market soon and I was planning on going with a side-by-side fridge for both houses, they're both what I'd call middle of the market houses for my market (listing for probably $260k and $170k respectively) but then I wonder if I should spend more and get french door fridges, which also seem to be the hot item these days, but cost considerably more than a comparably sized side-by-side fridge.So, with all of these questions, I wonder if I should just list them without appliances and offer a credit towards new appliances for the amount I would've spent on them, so buyers could pick out exactly what they wanted.

Like anything else, there are good, bad and in the middle.

The East and West coast markets are very similar to the Australian market.

I am a property manager and owner of a property management company here in Richmond, a city in the SF East Bay Area.