If you have a 20 year timeline, I'd probably recommend B areas closer to the city or in the better school districts in the suburbs for the highest combined ROI over that time period.Right now you can expect to find decently turnkey multis for about $60-$125k/unit usually all at least hitting the 1% rule in that range.

I could say a particular town or area, but if there aren't any, many properties for sale that doesn't help. 

Hi Franklin, glad to have you as part of this awesome community! 

Below, I outline several incidents that demonstrate the importance of vigilance in this industry.Incident 1: Noble Capital LoansNoble Capital Loans presented itself as a Georgia-based corporation with favorable loan terms.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

A few tidbits for anyone else reading this.  

build, rent, refinance, repeat. different strategy but more scalable. land is a buyer's market in most cities in america with more than 6 months supply. in our market in columbus it's more than 12 months supply of land. no one is doing this strategy and you can customize your design to anything you want.

A little bit off to the west is also a solid market where you can find some success in the Tampa Bay Area.

Thanks in advance for helping a newbie get started!

I second a lot of what has been stated by others in this forum.