@Bryan Hancock  Also I defiantly think this regional as well.1 million in certain markets for low value asset players can go a long way.in our markets here in Oregon and yours in Austin that's one house maybe 2 .. at least new build specs.and in most of the bay area or better parts of LA its one if your lucky  Same with high dollar east coast or north side Chicago etc.

There's a 10 acre lot down the street selling for $150k but it does have quite a bit of high spots.

I can't offer a lot of real estate help and advice, but my profession has me all over Lakeland streets.

I am Tanner and I live in the Central (well, North-Central) Illinois area. 

@Sam Solomon just out of curiosity, why the desire to flip up North when you reside in beautiful FL?  

Hi,I am in the North DFW market. 

The best way is probably actually calling Property Mgmt companies, They should know the street and neighborhood well. and can give you a quote. 

I work in downtown and live in North Beach.

Divide the annual net cash flow after these expenses by the down payment and you'll have your Cash on Cash Return).When Warren Buffet said, "Buy when the blood is in the streets and everyone is running..." and then went on to buy Prudential and turn it into Berkshire Hathaway Home Services, while also buying up a ton of single family homes, he set off a Wall Street frenzy.

My place sits on a triangle between 8th Street and Munson Ave (Front St.)