As I am looking to do a 1031 exchange and seeking my first all cash wholesale purchase for the first time I started searching the internet for pointers.  

Here's the LINK:https://www.biggerpockets.com/files/user/Mister4cl...

I actually found Charlie Reep by looking on the Internet before reading Josh's post above, but he is great.  

Rental Monthly Income $4,800.00 (8 rooms x 600) ------- 4800 x 12 = $57,600.00 Monthly Gross Operation Expenses Mortgage950.00 Taxes191.00 Insurance 166.00 Maintenance Housekeeping 216.00 Landscaping 60.00 Repairs 10% - 480.00 Operational Electrical 350.00 Water 150.00 Cable/Internet 150.00 Reserves 10% - 480.00 Total - $3,193.00 Annual Gross Operation Expenses Mortgage11,400.00 Taxes2,292.00 Insurance 1,992.00 Maintenance Housekeeping 2592.00 Landscaping 720.00 Repairs 10% - 5,760.00 Operational Electrical 4,200.00 Water 1,800.00 Cable/Internet 1,800.00 Reserves 10% - 5,760.00 Total - $38,316.00 57,600.00-38,316.00______________NOI $19,284.00 19284.00/46,000.00 (down payment) = 41% Cash on Cash Return (CCR)

I would buy somewhere where I know the market and have a team that I trust.My main concern would be to not lose my money because I went into a market that some strangers from the internet recommended.Good luck!

My wife and I operate an internet based printing company.  

We have the internet now...

Basic internet searches don't bring up the results I'm looking for.  

I spent some time drafting my profile so give it a read if you want all of the details. biggerpockets.com/users/bradm5dale.

Whether a building has been around for a while or is newly developed, a top priority for Millennials when searching for an apartment is Wi-Fi and the internet.