I think cheap energy prices and low interest rates will continue to push prices up a little, but areas where I live that depend on the high price of oil to generate jobs are much riskier. 

A grace period of X days allows for the delivery of good funds without penalty (if applicable) and a late fee of $250,000 shall be assessed per day (as applicable and allowed).

In the United States, Gary, Indiana, Indianapolis, and Detroit offered displaced homes for cheap or by giving them away for US$1 or free.

What does the future hold, a bunch of properties going cheap when the owners can't fill the units and go belly-up?    

@Ben Braddock, Durham is a great place to start off, especially the east side as things are still cheap there so there's a great potential for large profit margins.  

That makes two of us that are interested in these small units.  400 sq.ft. in downtown San Jose rents for $1,400/month so $800 is cheap. 

Fans are cheap mold is expensive!

I don't know Kenosha personally myself however I have heard that there are some bad areas in Kenosha where there are cheap rental properties but D-class areas. 

Their furniture is already "cheap" so throw in 20% and you're buying new couches for $250. 

Any recommendations for a good and cheap (!!)