I would think on these higher end homes they wouldn't get bid up extremely high since not a lot of owner occupant buyers have $300-500K cash laying around.

Just thinking out loud here on this one..

Tremont is extremely desirable and vacancy is low.

I think it’s mostly the horror stories about it being illegal to evict tenants for anything other than extreme cause or raise rents, being forced to pay relocation fees in the tens of thousands.

I recommend people enter RE at this time only if it is a passion and they are extremely motivated and hard working.  

You have to know exactly who you are sending these mailers to, be extremely intentional.

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

And 70% financing as mentioned by John above is extremely rare.One particular category of seller financing is developer financing.

Inventory is extremely low in Northern Viriginia.