The idea of waiting until 65 to retire to get medicare is depressing. 

I did what the OP is asking about in Southern California, and it sure as heck didn't take me 21 doors to get there, and no it wasn't speculative luck either ... been doing this 12 years, through the worst RE downturn since the Great Depression and have never lost a dime.

Depressed part of town2.

East Oakland is still pretty depressed but downtown, Lake Merritt, Rockridge, etc. have gone through the roof and West Oakland is following suit given it's proximity to SF and relatively affordable pricing compared to everything surrounding it.Hope that helps!

History showed us what happens with no regulation (bank runs and economy collapse during Great Depression brought on the FDIC just as the RE and bank crisis in 2008 brought stricter lending standards) and how we learned from our mistakes.

As you know atlantic city has hurt by casino competition from other cities with 3 casinos going bankrupt.Jobs are what make a city a great place to invest .This results in depressed property prices.

I am shocked to learn that in my area depressed properties have list prices on the MLS not much below what I assume a regular sale would have.

Most of these are bank owned/foreclosed and pretty run down.I know that I could get 1400-1600 a month on rent based on the rental comps given to me by my realtor.The realtor is pushing me to come in at 146,000 for the townhouse, but I'm worried that I will be overpaying given that this area is so depressed with foreclosures.Any input would be greatly appreciated!

I want to learn about probates...I know right, how depressing :(Anyway,I'm looking to either wholesale or personally acquire probate properties in my area.If anyone knows of a free source to acquire probate leads, or better yet would be willing to share their methods of acquiring or wholesaling a probate property that would be awesome. 

Shock, Anger, Denial, Depression, and Acceptance…These are the 5 stages people go through during a traumatic event.About 2 years ago, I had my traumatic event when a family member’s health took a serious turn for the worse.