I think the biggest factor would be that for $300K you can't buy anything in LA (unless thats your downpayment... maybe) but for $300K in Bakersfield you can cash out a nice single family in a nice neighborhood with some of the top schools in the area, and people are starting to realize that.  

I suspect it's in the neighborhood of 20% that hold reserves and even fewer that hold the proper amount.

So for example, ARV is $200k In a neighborhood that sells around that price and using the wholesaling rules @ 70% discount and minus $$$ to build, how would I profit from this?

I’m a police officer out here as well so I see a lot of things first hand- there are some neighborhoods in Brooklyn (SI too) that are riddled with so much crime, drugs and violence that I wouldn’t take a house in even if it was free. 

House is currently foreclosed at 233k, and houses on that neighborhood are selling between 302k-315k.

Hi , im looking to invest in Baltimore want to purchase a multi family for house hacking, buy and hold purposes, would like to stay under 300k, does anyone know what neighborhoods are good, or I should look in?

. - Do you really think low income Non-SEC 8 tenants in the same neighborhood take any better care of the property?  

We, well mostly myself, have owned a large 4 family house in a blue collar/working class neighborhood.

You need an independent opinion on areas/neighborhoods Especially being out of state. 

What are the up and coming neighborhoods?