You don't add much on a normal house located in an appreciating market but generally when you sell you will get some of that money back vs getting no money back on the improvement...Bruce - if you follow the market there seem to always be cash flowing rentals for sale at reasonable prices in Duluth. 

Hello BP Members,If anyone has a means of locating companies with off market real estate property listings for sale in Illinois (Chicagoland counties) and Texas (Dallas-Fort Worth area counties), please let me know.I have a few, but I know I haven't tapped into this market in the least bit.

I agree with Dan the 3 locations are well suited and you can consider the Springs a great place to invest.

I'm located in Seattle, so I'm not local.

Even if it is only currently a legal two family, if it is located in the right zoning district, the "use" of a four unit building may be allowed and it could be an easy legal process to do the conversion. 

Let’s connect and discuss your goals, locations of interest, etc.

Also I saw a 2 acre lot just outside of the nearest city for about 12,000 without a well drilled or septic or electric, but the location seems beneficial. 

I'm in the market depending on location. 

It looks like I would be a good option for saving the FHA for further down the line and not being confined to the smaller pool of areas where there is no income limits.As for locations - I've been looking in Centennial, Englewood, Arvada, Berkeley for the time being.

When deciding if a property is worth it to you, I feel like it always comes back to the numbers, the location, and your comfort level.