Would it be lucrative to by a property in a city like concord or Gastonia for around 20-40k cash with the intent to flip or hold?

Yesterday, a house even closer to mine but at only 5,004 sq ft listed for $1,700,000.  2 of those three homes are on my street (the most prominent/prestigious street in my city) and the other was on a side street just off from it. 

@Matthew LiewVistancia is a very good area, but like Account Closed said, it is pretty much on the outskirts of the city.

Hi I'm fairly new to buying real estate and need assistance on how to obtain information on city ordinances.

depends on location, in a city they should be within .5 mi, in a suburb 1 mile and rural  5 miles but unique properties can be stretched further, I have done thousands of BPO's for banks, the rules were 3 listed and 3 solds, within 20% speck and similar condition, and make appropriate adjustments for differences, there is more art than science to it.

I recommend contacting an attorney to ensure, see if there are any city/county/state rules that you haven't considered, and you can get a local lease from them.

How is the market in razor city? 

I’m going through this process right now with Hurricane Michael. 12 units in Panama City.

Denver entered the 2008 real estate crisis earlier than most cities, fell less in value, and returned to growth quicker than other cities of similar size.

I've been researching markets in the midwest for some time and KC was one of those cities that just kept rising to the top of the list for potential cities to invest in.