I’m actively seeking to purchase either a multi-family or duplex unit in the Columbus area  for a medium rehab project. 

Any specific areas of Columbus? 

Allen, go out of your local area to invest.  

If you are a Dr. who is investing for extra returns and do not have a worry about Capex then invest the $300.

What kind of investments are you planning on purchasing, and what area? 

Its doubtful that the municipalities involved would sign off on a condo conversion or subdivision, as their aren't many rentals in the area.

Looking to get started in the Chicagoland area.

At those price points I'm assuming this is a more cash flow area like the rust belt, or other mid west geography.

Most of the surrounding properties are one-story condos in the area, this is a three-story townhouse.

My suggestion to any one that are first time real estate investor in fix & flip, or planning to hold property for rentals, is to learn or read, understand about real estate financing first, build your assets and network or partner withsome has completed some projects in fix & flip and has some rental properties with positive cash flow within your immediate area before dving in to any project by youyrself.