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In these metro areas, small real estate investors can expect to find great home deals and double-digit returns on their investment, according to RealtyTrac.
With more than 20,000 students returning to Syracuse University's campus each fall, there are a lot of opportunities for real estate investors to make money in this market.
The university keeps the economy steady here, but slow population growth -- beyond the annual influx of college kids -- has kept home prices low.
Related: Best advice for homebuyers and sellers
For example, this well-kept three-bedroom with a big backyard and deck is on sale for just $124,900 -- about $90,000 below the national median home price.
For further information: Trulia