Look for properties in up-and-coming neighborhoods where rent growth is catching up to home prices.Feel free to reach out if you have any specific questions or if I can help you navigate the markets in Mooresville or Greenville.

Counted this as a 45k asset but in truth it could be slightly higher or lower, there is a lack of inventory in this market so I am hopeful it will go for more but I am budgeting 45k.Deal 4 Bought an REO for 12k, rehabbed and all in for 20k, property value is 60k, posable more if we sell as a turnkey to a CA investor.Deal 5 Condo in Chicago, bought NP note (owner died in 2007 and nobody has paid since) paid 22k for the note, property rents in that neighborhood are @ 1,100 a month and the property is worth 60-70k based on estimates from a BP realtor in this market.Deal 6 bought a vacant REO for 5k, paid 7k in back taxes and put 18k into rehab, rented for $875 staring June 1st and worth 60k based on neighborhood comps and feedback from our PM/Realtor.Deal 7  Bought a SFR in souther IL for 12.5k, needs 30k in rehab and BPO's came in at 65k and 70k, I counted this as a 20k value since we will need to put more into it.  

Although we decided it wasn't a good fit, I'd surely appreciate your generous offer to share GC's PM's etc. 

Pick an area that is within a 2 hour drive or a 3 hour nonstop plane flight.Get in that market and really learn it neighborhood by neighborhood block by block.Local market knowledge is every investor’s competitive advantage.I do MF deals in Greenville SC where I live and already own 400 doors.

(Only if you are SERIOUS about real estate as your wealth/career vehicle.)Make sure you join a brokerage that is large, established, and has a reputation for top performance and excellent training.Once you learn the basics and get out into the field to see the state of the market, you'll learn the price points and be able to know a good/great deal when you stumble across it.I have made some of my best (most lucrative) buys from meeting with a seller who wants to list, and when we discussed the price, I knew it fit my parameters, so I bought it! 

Relationships often lead to off-market deals and valuable partnerships.Consider targeting up-and-coming neighborhoods or distressed properties in areas seeing new development or infrastructure improvements.If you’re exploring commercial, maybe start with small multifamily units (like duplexes or fourplexes) before diving into larger complexes.I’d love to connect and possibly collaborate.

The other thing to consider is the age and if you add a second floor will the entire structure need to be brought up to code for hurricane and wind.I live in a neighborhood where the homes are older (not in florida) and the foundations are hollow core CMU and adding a second floor would not be feasible due to soil bearing.

utilize the services of a top notch, experienced, track record verified mortgage broker to locate your best fit mortgage loan.  

Still, it makes sense because oftentimes some of the rents have never been raised for years, and those NW side neighborhoods have increased rent dramatically! 

I don’t know the neighborhoods or market in Jacksonville but @Jay Hinrichs might.