@Travis Boyd The quality of the neighborhood will affect the cap rate to be used.

My main concern is the interest rates being so high now as to whether what I'm hoping to achieve is really even possible. 

You have a lot going on and if you had a 457 you were a highly compensated EE.   

He prides himself on having "realistic" standards and claims to value inner qualities over appearance.

Research high-traffic areas or underutilized lots near event venues, hospitals, or transit hubs.

I am certain, I have many more questions and things I should consider and look forward to reading many of the informative posts on the website and look forward to hearing your advice, thoughts and/or questions.Thanks!

While it requires some extra coordination, it keeps their returns clean and operational costs transparent.If the fee feels too high, consider loan servicing software with modular pricing.

MLS-listed deals are a bit harder to find, so investors here have had to get more creative in sourcing deals either through their own hustle (door-knocking, website, direct mail, driving for dollars) or finding good wholesalers to feed them deals. 

But the level of negative cash flow that you're talking about is quite high and it sounds like it's not something you're comfortable with and thus should look for something else.

I think it is fair to say that there is somewhat of a tradeoff between markets that provide positive cash flow on day one and relatively high appreciation-based markets.