While we are not immune to market shifts, we typically don't see huge bubble bursts. 

As for your ques if to wait, well, it depends on the market, in some parts of the country prices are still going up, slower, but still going up, other parts the prices are coming down, you know that area, what is happening there? 

The cash flow of the paid-off property would be $480 monthly (post expenses) and am thinking of reinvesting that back in the market.

Well, yes, some properties may require complete work, but others may just need cosmetic things to bring them back on the market.

Study the market.

Happy to send over some resources on why Columbus is a great real estate market to invest in. 

This setup ensures every project stays on schedule and within budget, which is huge in a market where timing is everything.3.

At the time, we were new to the market and, admittedly, didn’t conduct thorough due diligence before buying.We purchased a property in the Atlanta area, renovated it, and listed it for sale.

Hello @Daniel Summer,The Memphis market has a solid MHA/Sec 8 rental.

Look for motivated sellers off market and market via cold calling and or direct mail, geofencing, advertising and the like.A good wholesaler is as @Ericka Parrott mentioned, direct to seller, did good underwriting and can deliver an actual "Deal" whether buy and hold or flip.