So where should i go to get a teacher and how much is a reasonable amount to pay? I don't want to be playing "Mary Had a Little Lamb" or "Greensleeves", i am beyond that level.
I understand the amazement that guitar lessons could possibly be $30 (OFTEN for only 1/2 hour for better, more advanced teachers)...
...but that's a reality rather than a matter of discussion.
SO, we seek a mixture of approaches...a blend.
If a tutorial guitar DVD is 17.99...and I can play it countless times, it MIGHT be a better deal by far IF it covers the material you seek in a manner you can absorb.
Also, these DVDs & books can come by mail rather than you burning gasoline on a regular basis.
Put up an ad on Craig's List in the "Musicians" section stating exactly what you want to learn. Put it up once a week and name your location. You never know who you'll get into a conversation with locally. I've met a LOT of talented musos this way and made some valuable friendships.
Visit other nearby churches and learn who else is playing guitar. Ask if you could stop by to see a practice or inquire about week night services and special events. I do this all the time. I love seeing how other approach the same situation I'm facing. You gotta network rather than expecting satsifying results from some local "Music & Arts Center" guitar teacher that isn't familiar with the material you love.
Consider combining a self-teaching approach combined with something like a community college guitar course (non-credit is not too terribly expensive). A music theory course would be priceless also. You won't see the serious importance at first, but you'll be miles ahead as you progress if you remember only 1/5 of what you learn there.
Obviously, the Internet is FILLED with FREE material for beginners. The trick is having a friend that can help filter it for you and tell you what is junk.
Also, the most important thing AGAIN...FRIENDS. Specifically making guitar playing friends. Attend local jam sessions and expect to suck. Get humbled...it's good for you to know up front that there's dozen better guitar players in your zip code at all times. Then go to LA or Nashville where all the grocery check-out clerks can smoke you!

And I'm back to the idea of a guitar mentor.
I'd see this position as talking to you and seeing what your goals are and suggesting DVDs & books.
Also stopping you from buying expensive gear to substitute for talent...while also recommending getting a quality luthier to look over ANY guitar you're playing. A good guitar set up is worth FAR more than any amp or effect. It all starts where your fingers meet the strings...and it's no place to get cheap. A good luthier will also tell you how bad your guitar is and make suggestions for your next guitar based on your playing style. But you don't need a real expensive guitar either...it's a crazy personal ballancing act.
(Digression: MY latest guitar project is a SQUIRE neck that was made IN THE USA. It's weird, but for about a year, Fender made some Squire guitars in the USA circa 1989/90 when the factory in Mexico caught fire.
It's funny, but you can't believe how many musicians and guitarists approach me to ask if I'm REALLY playing a Squire guitar. So it's actually turned out to be a great conversation starter. Of course, the body is a nice ESP alder with Lindy Fralin pickups and the neck has been worked with my favorite 6105 frets. Most of the other parts have been upgraded also from the Parts Pile Of Doom™) 
OH...and if you're REALLY get stuck, BUY A CAPO!
