Moneywise, one may spend $5000 in marketing (posting ads, buying lists, paying VA to male cold calls and etc.) before one closes a deal.

This doesn't mean you should be looking at markets such as Detroit and Memphis, because even though it looks good on paper, if they are shady neighborhoods, you are going to spend a considerable amount more on property preservation (broken windows, stolen HVACs, etc.).The easiest way to increase cash flow would be on your existing property.

If you want to rehab in that market, perhaps spend some time networking there and maybe you will find someone whom you can partner up with who has experience in the local market and with rehabs.

It is where I can spend the money to make it my own rather than taking a cuter home for more and still wanting to spend $$ to make it my own.  

are you able and willing to spend time in person in your chosen market? 

This probably sounds a little like wholesaling or being a Realtor, and it is.If you don't want to spend $1,000's to build this out and take on the associated tasks, there are other, more cost effective, options.I'd recommend looking for potential deals via free (or low-cost sources) i.e. local meetups/networking, Courts (probate & lis pendens lists), Realtors, Wholesalers, properties for sale online (especially those with 90+ days on market), etc.All the best!

People are still traveling and spending $ like there’s no tomorrow.

Consider spending 30 minutes for 30 consecutive days on Bigger Pockets.

They promised money back if I don't close any deals within a month and when I asked for a refund, the CEO said "Oh we cant refund you cuz you are not spending enough for ad" despite the fact that I was spending $2400 a month as ad spend.

Whether it’s exploring new investment strategies or diving deeper into commercial appraisals, I’m excited to engage in meaningful discussions.In my spare time, I enjoy renovating properties and spending time with my family.Looking forward to being part of this amazing community and growing alongside everyone here!