I've got properties in (2) towns currently that are around 10k people in each town.

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

If the property can service the debt at 90% leverage between a senior 1st and the seller second, you're looking at a good investment!

This property was in terrible condition, however will a little vision and hard work it paid off.

Hi Shelby To determine rental prices and demand in a neighborhood, start by researching comparable rentals in the area, focusing on properties of similar size, type, and amenities.

@Angela Simon, If it wasn't your son there is a small chance that your accountant would let you purchase the 50% of the property you don't own. 

Looking to possibly start investing with some whole sale properties and land.

Simon, my investment group does lots of properties in Pitt. 

The reality of investing is often much different than people see on social media - you need the fuel to power your investment properties!

If you want to stay in your house, then your only option would be to leverage equity which will probably be in the 8-10% interest rate range.Not knowing the entire situation, I think you could consider downsizing and then using the proceeds to buy a 2-4 unit property and start making $40-75K right away with still no debt.