There are plenty of really cheap ones in Hagerstown around $150k, but that's a much longer commute, and there's a reason they're so cheap ...

Find a 2-4 unit that needs work and get it on the cheap.

Property was cheap, there were many people trying to get their hands on it.

If the definition of "Wholesaling" is buying (closing) a property cheap and selling it for a profit, then I do not know of anywhere that is illegal. 

I think I’d go crazy with partners going cheap in a B+ to A neighborhood. 

Not your application here but thought I would throw it out there for someone who may ask. 

From what I've heard from other experienced real estate investors and people on BP, cities in the Inland Empire like Lancaster, Palmdale, and Reseda have cheap properties and are ok for cash flow.

Same deal, we cover all vacancies, repairs and maintenance.My investors have gotten their check every month for 20 years.Just thought I would throw out an alternative to rentals.Tim

The fact that it's so cheap and easy to get into real estate means you have thousands of competitors entering the market each day, and if all you are providing is MLS access and yard signs...No one cares. 

Compared to other places, obviously housing is fairly cheap, but even here the market has gotten a little more competitive lately.