I grew up in south toledo and have watched over the years of my neighborhood fall apart as houses started to get boarded up and abandoned.

Well, you left that house alone for 2 weeks after I moved out and I know there were people just going through it because of the neighborhood. i even warned you not to leave that house alone.

Beyond that there are many different style and types of investing.

But then again, they are out there.My simultaneous note purchase was commercial property, 70% cash dwn, 800 FICO on buyer with a 20 year proven rental history to boot and, secured by a good property in a good neighborhood in a major metropolitan area.

She is also an investor and the house is paid off, worth quite a bit after rebuild and in a historic neighborhood... she's no fool.

The areas I'm looking into, which have houses for sale, are in okay neighborhoods.

Let's put people back to work rebuilding vacant homes in run-down neighborhoods.

All of my current (6) properties are located in good neighborhoods.

The only motivated sellers have been duplex's in bad neighborhoods with the same zip as a few good areas that I mail to.

I bet within driving distance of you there are less desirable neighborhoods (to homeowners not necessarily an investor) where there is a better opportunity of getting discounts.