The sales prices were $10-20K over anything else ever sold in the neighborhood.  

I went out on my first real Driving For Dollars trip looking for properties to wholesale and came across a neighborhood of old and run down mostly manufactured homes (on brick).

@Don Harris I'm also new to BP and CLT, and certainly looking to get into RE investing here in the Queen City.

These can take a coupleof weeks to get an exact pay off number from the city/county.

I just saw this article on Yahoo regarding where rents are rising the fastest and thought I'd share:http://finance.yahoo.com/news/cities-where-rent-ri...I agree with the article that it isn't really a great measurement of what is really happening in an area because it is a small sampling, but might help answer some of the questions posted here along the lines of, "What city is best to invest in?" 

In MD you must wait 6 months before starting foreclosure and the foreclosure itself takes 6 months to 1 1/2 years.I started by going though the leftover lien list in Baltimore city.

I do a lot of work in the Salt Lake City/Davis County Area/ Summit Counties but have also done projects across the country.

The dumps in those neighborhoods can be bought in the low 5's. ie.

There are companies on this site that specialize in finding cash flow rentals for those living in pricey coastal cities. 

I would avoid the City of Detroit as many banks will not finance homes due to the lack of reliable public and utility services.