I agree with Jay Hinrichs on the different areas and markets and that is why I asked for opinions and quotes on everyone`s market of operation as you are the guys and girls who best know your local market.
To answer David - I will be coming mid spring, until then my goal is to have pinpointed areas across the states for investment.
Samual, I have been several times to Canada and I love it there, but I am currently searching investments with steady cash flow even if the appreciation can potentially bring better ROI - aka birth in the hand hypothesis, plus I do not have any grasp on Canada legislation, nor RE markets and I have a rule - If I do not know all risks involved in an investment and I do not have a plan how to counter them - I do not enter, so thank for the offer, but for now I will enjoy Canada as a tourist only :) (but who knows in the future).
Steven - I get that in New York city the prices are different (higher), but the analysis you sent me brings too low of a cash flow for the asked cash on investment and even if your prediction holds true it is not very liquid if I decide to transfer funds or reinvest if an opportunity presents itself.
I will definitely look up the RE on the islands as as you mentioned with enough hunting and a bit of luck I also believe there are pearls to be found.
What I would ask and I think will be useful for everyone on BP is to share some good sites/maps on which one can see up-to-date Sale prices (not listing) and rents as well as utility expenses and taxation for the US, so we can all have easy access to how each market currently is and can do quick decision on where to look at for maximum profit.
PS: having a great time getting to know all of you :)