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FIRST ANSWER
Will,
Unfortunately, I am not too familiar with the area you mentioned. However, if you are not opposed to seeing other investment opportunities, browse some listings at http://www.erealtyinvestors.com. There are some good buys out there...and the properties shown have a cash flow analysis tied to them (except for CA foreclosures).
See for yourself.
As well, you might be interested in a cash flow analysis tool that you can use to scout potential properties. You can download it here: http://www.erealtyinvestors.com/index.php?id=64
Good luck in your property search, and please feel free to give us a call if you have any questions about your acquisition or any other potential areas.
Happy investing,
Denton Ward
http://www.erealtyinvestors.com
Tue Jul 15 2008, 13:32