Fore closures in those areas tend to be in terrible condition.

Unfortunately my partner is deemed unemployable due to his disability and it's tricky having an additional source of income as a caregiver that doesn't infringe on your caregiving duties, as the feds tend to frown on that.So, here I am.

Wet basements from damaged plumbing might be dry once plumbing is corrected; but wet basements due to other factors tend to get wet again unless the source of the water infiltration is addressed. 

That said, if the purchase price were closer to $150k and rents were around $1,100, I might be interested in that when considering other factors (proximity to me, market conditions, etc)  and knowing rents tend to increase over time. 

To a certain extent, I may be majoring on the minors, but who knows, there are a lot of nuts out there.  

Merced went nuts with the last boom and there were many foreclosures.

Just wanted to make sure I wasn't nuts here :)

As a consequence, people tend to either not set back the heat or overshoot (set it too high) thinking that will heat the room faster.  

One was so bowed it had huge bolts with 10' square plates held together with 4inch nuts!!!

We tend to purchase below market singles, duplexes, triplexes and quads.