i'd absolutely suggest finding good close comps...i have a property in a beautiful historic neighborhood where there are gorgeous 3 story 7 bedroom remodeled victorian homes selling for big money.

Pick an area and consolidate your investments, you can find decent cash flow and decent areas with positive LT economic trends in almost any region of the coutnry, so take your pick

I'm not familiar with this bank, they are regional bank with 75 locations throughout IN and KY (maybe OH).

Investor for quick cash,whole tailing it just making small improvements like carpet and paint and selling,or a full rehab to sell at the retail level.Each will have their own margins of profit and expected time lines for making that profit.If you buy correctly you can move any property.They key is buying at the correct price.A great source is local and regional banks,national banks,and the FDIC.Remember that anything pre-1978 you will get hit with the new EPA renovation rules regarding lead based paint and it can get very expensive.Never deviate from your low pricing.You don't want a bad decision to end up being a rental that will haunt you for years to come.I would rather have my money sitting on the sidelines then to buy into a bad or marginal deal.

There can be significant value in saying you live on Castle Drive as opposed to the next street over on Skid Row Trail.In the appraisal, you begin by considering the region first, then the neighborhood or immediate area and then the subject property.

What do you think the future holds for cities, regions, and states that are on the "decline"?

I invested in a historic mansion that has been in my family for almost 80 years.

Realtyman I don't see that happening at all in my state.National banks will always use a listing broker to give maximum exposure.Now if the bank is selling the note,or a short sale,or a bulk sale of reo's or an auction then that might be the case.Local and regional banks might not have their properties listed.I contact these banks directly and yes they will deal with you.I have found on the commercial real estate end many of these banks are selling way overpriced assets.

Charles, If I may ask some details: Community bank or regional?

I was looking to open a INC and goto a smaller regional bank in my area and see if they could give me a business loan for rehabbing houses, but I need to know what obstacles im going to be facing walking in there.