Actually, there are more than you realise. I live in the Cleveland suburbs. We bought my husband's family home for a steal when we had to live in the city since he was a cop; my kid attended private schools, and with the vouchers available, it makes more sense to stay here with a paid-off property. Popular neighbourhoods have only recently begun to outperform what young graduates and families can buy, therefore our intercity area is witnessing an inflow of younger professionals. Flipped houses sell for roughly $90,000 read this guide. Foreclosures and fixer-uppers are becoming much more affordable.