I'm currently wholesaling in rough areas.Example -S ChicagoCollege Park (Atlanta) Orange Mound (Memphis) What are some other areas weshould look in?

View report*This link comes directly from our calculators, based on information input by the member who posted.

This is a very nice place that brings 15K-20K a month in the summer.  

It is when a tenant and landlord put in writing factual information about them renting and both parties sign.

@Kevin Sobilo - its more subtle.

Compare those owners with younger owners who have higher incomes and more desire to build large reserves for the future with the older folks who won't see the future and you can see the problem.

I'd personally be a bit more conservative with the underwriting and make sure to see what the carrying costs could potential get to especially if this is a bigger renovation and not just cosmetic. 

have you searched on here for this yet? 

I would double check all this, but my understanding is as follows:The property owner is still responsible for repaying the mortgage, even after condemnation. 

You can have Section 8 renters typically in any area.