So I did as much research as i could online and found that all the cheap properties were in pretty rough neighborhoods and the local economy did not seem to support flipping in any significant volume.I then looked into Memphis TN, again all properties under 40k were in rough neighborhoods.I'm now leaning towards San Antonio, Austin, Dallas, or HoustonThe only problem with them is finding a house under 40k for us to live in, I did find a few Manufactured homes in the country close to Dallas and some a little over a hour north of Houston, I would be fine living in one of the manufactured homes close to Dallas for quite some time, my only issue is tying up most of my free cash in a house that i cannot refi to free up the cash again.Thanks for taking the time to read my rather long post and i look forward to hearing your suggestions!

I've incurred some expenses with inspections, rental business license, some repair work done, and installed a security system. 

Heck, if you do not mind me installing a keyless entry, I would build a web site for the property, pay for listing and handle all bookings and automatically email you every booking agreement as well as give you access to a web based system so you can see the details of all the costs involved in your property for 10% :)!

What I usuall do is go on line and request a listing of recently sold homes in the zip code I'm interested in from Zillow and Trulia this usually gives me an idea.

Then go to the State of Michigan online property tax calculator at https://treas-secure.state.mi.us/ptestimator/ptestimator.asp and input the SEV, county, city and school district.

If payments are slow or in default the examination can go deeper.Then if it's discovered that you misrepresented things, you could have problems.It's irrelevant if you know of someone who lied on a mortgage/loan application or if you know someone who says they know someone who did, or the amount you put down, or good intentions, knowingly presenting false information or obtaining a loan by deceiving an insured lender is a felony.I suggest you seek other financing options, with your down payment there should be seller financing options available, partner with another, if you have a retirement account you might be able to change accounts and borrow from yourself, seek private investors, do an installment deal like an option to be financed in the future in 3 or 5 years later.

Some new GE installs have an air gap that can get blocked on & off with debris & that's an easy clean out.GE drain pipes run back from under the middle/front of the dishwasher into the rear of the machine & then it snakes up to exit through the cabinet wall.

I did some further research and the amount of flashy suits they show online makes me wonder (not really wonder, but know) where the money from the deal goes.

Yes, however document images for probate cases are not available via online public access.

But I do say that because I've never been to one and I've just read books (and online research and BP, etc).