The quality is pretty good and tenants like them.Not sure how common they are around the country though.Good luck,Nathan

Different parts of the country yield different returns from different sources, appreciation could be great in one place, really poor in another, taxes will vary and tax credits may be in the mix, so you need to pencil it out yourself in your reality.

It's great to get a peak into how things are done in other parts of the country.  

I haven't seen the CL add you included but it sounds like you have listed it with a somewhat abnormal headline - it didn't sound particularly attractive from the above post.It has been cold and snowy in many areas of the country and that can have a profound effect on people being willing to/wanting to move.

I would be more than happy to give you names but I am about as far away from you as it is possible to get and still be in the same country so I would suggest it would be more appropriate for you to do the leg work and find out what is available down there.

Sorry Sher,GRE should have been GRI and it stands for Graduate Realtor Institute, basically some extra course works and a few years experience to qualify.On the subject of Credit Unions, I meant Local to the Properties, not local to you.I have an excellent Credit Union in Rochester NY who writes all over the country but they won't do a flip.

I think 5 year outlook vegas as some of the best appreciation potential in the country.

I am located in Chicago, but find it interesting to hear what works in different parts of the country.

At least that way, I'd know very quickly what the outcome will be.This is one of the most competitive markets in the country AND there just are not very many REOs on the market any more.

It appears there are a lot of differences in our approach to real estate investing between our countries and I am keen to learn all I can.