If the property is in a location that would justify these standards, then wait. 

I suggest you enter private money goldmine in search botton at top right of the screen and read the previous posts....here is one that gives good perspective as well as a link to legitimate private lenders.http://www.biggerpockets.com/forums/92/topics/1488...

If it were me, I'd be looking for something in that location to offset the negative impact of the casino. 

You can also find real estate investing groups through meetup.com, Facebook, or a Google search.

We are leaning more toward Johnson City just due to location, size, and economy/industries that are there.

It’s a motel/RV park located in a rural market with seller financing on the table.

Section 8 rentals are frequently located in extremely low barrier of entry markets, especially the single-family homes and small multi-family properties which I assume has also led to an influx of inventory.

if it is a BRRRR you'd pay the seller off when you refinanced into long term debt, either conventional or DSCR.i don't know anything about the location, market, etc. but if it needs a 40K rehab, you need to push the purchase price even lower than 140K, or it will not work as a BRRRR. 

#universitycity is an amazing area located in #charlotte with ample developments, entertainment, dining, and other things to do!

I created lists, searched virtual markets and was able to skip trace all of these for free...or so I thought.