My thinking is that a 3/1 or 4/1 will also add to the rentability of the place.I have seen some pretty nice 3/1 and 4/1 homes in the 124K too 179 range.

I'm looking in this area because it is a good starter home area with a lot of homes in the 150k range, its family friendly and the taxes are a whole lot cheaper then the bigger city thats only 10 miles away.  

My credit score was in the 740-760 range when I applied.

What price range are you buying in?

I would think appraising were you are would be more difficult with the range of home values.

Great mortgage broker Andrew Chen at MPR financial Albany, CA (sorry no use to you) offered me a range of choices at 60% and 65%.Valuations were a bit lower than I would have liked, but kinda expected.I was very happy with the overall result... it is financing another property.

Using my knowledge from this flip, I was in the $20-23K range doing it myself.

Is the area landlord or tenant friendly*what expenses exist, in cold weather you find snow removable and other expenses*what type of tenant class do you want town with*type of unit single family duplex, apartments etcWhat price range if houses am I gOnce I found an area I liked I would look on zillow reviews for an realtor I liked.

Those numbers are obviously better, but there is a pretty wide range between $1,200 and $1,600.

I should be closing on my first flip in San Antonio in a couple of weeks, so by all means don't consider me overly experienced ;-) That said, we picked up our property in the $50-60K range, and it is now under contract in the $130K range.