http://cgi.ebay.com/Wolcott-CT-near-Cedar-Lake-redone-inside-rented-now_W0QQitemZ4439122242QQcategoryZ12605QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

Look at this place. $90k asking. 10% down with a 30 year fixed rate if you could get those terms. $800 a month rent. Looks like it has the potential to throw off $400 a month ish. Owners a jerk, has some problems that require much deeper investigation. Also would need to plug other costs into the model.

http://cgi.ebay.com/FORECLOSURE-VERY-NICE-AREA-5BR-HOUSE-ON-1-2-ACRE-NR_W0QQitemZ4438245677QQcategoryZ12605QQrdZ1QQcmdZViewItem

Look at that price. Looks like a somewhat half way decent area as well. Would need much more research and a local CMA though.

I can't wait to get acess to the MLS system.

I know some of you guys do this so what do you think from this very limited info.

__________________
2005 Chevy Silverado, white on black.

"Posterity! You will never know how much it cost the present Generation to preserve your Freedom! I hope you will make good use of it. If you do not, I shall repent in Heaven, that I ever took half the Pains to preserve it."
— John Adams