Hi @Bobby Cauley Jr.. Welcome! I am in the same boat as you. I purchased 2 houses on 1 lot in November in the Eastside. Everything is a first for me, home ownership and becoming a landlord. I live in one house and plan to rent the other. The process of turning the rental unit and the lot into a more modern, safe and inviting environment has been slow since I am doing everything myself. I can't offer you too much advice from a landlord's perspective because I am still green in this area but I can offer some advice with purchasing. Others have recommended that you focus to points near metro subway stations. I completely agree and I am happily situated 1/2 a mile from 2 separate subway stations. If you feel comfortable about the purchasing process, escrow, inspections, and you aren't loaded with purchasing power (like I was not), I would advise you to consider working with the Seller's Agent.
I went through so many purchasing agents during my vigorous search to buy duplexes or SFR homes in various NELA neighborhoods. I came to realize that my budget was not alluring enough to the sellers agent because it didn't generate enough commission for them. I couldn't compete with the other offers who were going All Cash, or dropping all contingencies and going over the asking the price. I learned a lot during my 1 year search. I placed many offers, came close on many, walked away from a handful of houses that accepted my offer, and got outbid by many other offers.
In the end I chose to trust myself and my knowledge of the "game" and the "incentives" for the agents and I bought my properties by working with the sellers agent. The 6% commission they made from working with me was able to beat out other peoples offers because I was also flexible with the terms of the offer. Money talks but if your like me and not "loaded" with cash, you can still hack the purchasing process to your favor. Just know your area of interest, know the direction that your area is going in the future, follow the Metro stations, know the sacred pillars of a good home (foundation, roof, plumbing, etc), and one more thing, pay more attention to homes with ugly photos on the MLS. I think they are better because less people will have an interest and they will decide not to go to the open house. Good luck :)