Or find a nice block on the western side of Frankford then prepare to hold for 8-10 years minimum.

My guestimate is over $15K month in rents to start (we have a duplex in Mission Beach worth around $1.3M (so less valuable than your place) that we get ~$15K/month in rent but our RE is very seasoned (>20 years STR) and therefore is at peak rent/min vacancy (virtually zero vacancy).Property near the coast is precious. 

For $250k or less, from what I see on the MLS right now, your options are a little limited in the Golden area (but if you're willing to look just east of there in western Lakewood/Denver area, you've got options).I don't mean to discourage you from going the foreclosure route.

I’m in western PA to give and idea of course this will vary by location.Just got a quote for a single family I’m looking to buy, getting a commercial loan will deed it in my LLC.Purchase price $50k.Dwelling coverage $200k, deductible 1% 2k.About $50 per month premium.What kind of figures do you ask for in terms of dwelling coverage compared to purchase price?

You are so lucky on the East Coast to be able to live in driving distance of three different states (I'd have to drive over 4 hours to get to another state)!

modular built homes are far more popular on the east coast than west coast.

Very common on the west coast and virtually any property on the SF penninsula the ground is valued at more than the improvements up until you move into larger homes that are say 4 to 10k sq feet.. 

You might be better off coasting along month to month.

Hi, My name is eran and I'm a newbie investor.I have quite a good financial background but not a lot of realestate investing experience.My partner has invested in a SF in Clivland.What would you consider to be a good location to focus on for a newbie SF investor for a flip on the east coast (quite open to locations)?

Western Construction Systems was at #2.