@Virginia ReasorYou just have to do your research, demographics and learn, learn learn.I'm in New England and we have many great parks here with little or no concerns. 

This number is ultimately based on the LIBOR which is what people consider true cost of borrowing for zero risk - hugh banks in england borrowing short term money in small amounts from each other is considered as close to zero as possible.

I'm also in the New England over near New London.  

I'd like it to be in a somewhat urban area as I live in very rural New England and would want to use the rental myself on occasion for a change of scene!

I'd be really grateful if anyone in the forums could help me with a question relating to real estate auctions in England & Wales (the system is most likely different in Scotland and Northern Ireland).

However, I'm wondering if buying and rehabbing through the winter months in New England is a bad idea for a newbie?  

The damages are time planned off-work for fix the property for an October 1 rental date, cancelled contractors, but most of all missing an October 1 rental date which puts us in risk of having extended vacancy through a New England winter. 

We bought our first house in England, and got a gentle fixer. 

Yes there are places like Texas that are more recession proof than somewhere like New York but just remember that you can surround yourself with a team to help you even if it is across the country.Just in my opinion I would avoid the following if you do not specifically live there or do alot of deasl in the market:HoustonMemphisParts of FloridaThe New England StatesTo each his own, just my opinion from what I have done in the past.  

I live in Mass, the cost of living is ridiculous since its in the New England north shore area.