I was looking around the north side, but not having any luck places that would cash flow (without being very creative).I recently redid a data analysis looking at zip code level trends - basically areas that are likely to have 1% opportunities and also regions that are showing positive movement for population and rent growth.Here's a map (the color is population growth according to census data - yellow up to 9% and green above 9%). 

Glenn In the Virginia Beach, there are lenders that will give you 80% of appraised value in a cash out (Movement Mortgage), but you still have to wait the six months.