I would lay eyes on anything you are considering purchasing first hand.

Rentals are tough based on the rents vs the purchase price of homes out there.

I own a couple vacant lots and looking to purchase more in a small area. 2/1s in Memphis, as far as I know, are as desirable as in a bigger market.

Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

What purchase price? 

@Roberta Allen - i purchased with the upgrades.

This will help you understand the qualifying requirements, key factors to consider when purchasing, and how to assess whether a property might be a good investment at first glance.

Purchase price: $500,000 Cash invested: $100,000 AirBNB in West Sacramento

The buyer agreed to cover the cost of the new appraisal, which came in significantly above the purchase price.

First time investor, hoping to obtain my first duplex soon, and this family land purchase is on the horizon as well.