It's all coming together quite nicely, and thanks to all the great insight from this site and from many books, my standards for cash flow have gotten extremely high, and we're killing it on our COC for the most recent three properties.Where we are now is...we just got a very nice cash payout from some complicated circumstances surrounding my wife's company being bought out and all retained employees getting huge retention bonuses.

Uggh, I just when through this a couple of months ago, and even though the tenants were able to shower in their brother's apt downstairs while I gutted the failed tile tub surround and retiled, it was still a nightmare.

The housing prices there have also skyrocketed, however; there is a whole bunch of apt complexes being built up now that might eventually balance out prices.I've never bought anything down in Chatt, but all of my investor buddies say it's a great place to find good rentals.Let me know if I can help locally in Nashville and the surrounding areas. 

Then look into the area and its surroundings as a potential investment opportunity.

Then surround yourself with very successful people and learn from them.

Is there a general rule of thumb of what a lot should sell for in comparison to the home values of what it's surrounded by? 

He said that a lot of the surrounding area including Fairmont goes to Morgantown for Real Estate Attorney's.

They strapped on a tourniquet before hauling him off to the hospital.I'm sitting there in the kitchen surrounded by blood and vomit (my tenant vomited and passed out for a bit there), and he starts thanking me as we hear the EMTs roll up, "Thank you...thank you...I owe you one...I owe you one, Jim.""

Eventually someone who checked all surrounding properties and saw that mine is about 30-40k less have submitted an offer closer to the market price.

That's my opinion, but when you guys get up here I'm happy to meet up and chat more about RE in the cities and surrounding area.