Quote from @William Vreeland: I'm planning to BRRRR single-family homes, but I can't decide between Knoxville and Indianapolis.

I've seen insurance premiums for flood go up to 5-6k on a regular single family home depending on the area. 

I have 4 long term rentals in my portfolio and I am mainly focusing on investing in single family homes in Traid, NC. 

I try not to overdo it, but I also don't want to spend 30 minutes typing it fresh when it's literally asked every. single. day.

Under the current zoning (parcel viewer) the lot is zoned for 1 single family ever 40,000 square feet.

In single-family homes, I recommend the tenant provide their own washer/dryer.

But it is not a closed option as there are a few that do not have these restrictions.As an alternative, you might want to look into house hacking or buying a single-family home instead.

I recommend that you learn the tax code and take ownership over your strategy.Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake.In my experience, every single business owner who says "I just let my CPA worry about it and I focus on my business" is doing a suboptimal job at tax planning.They are likely missing out on 10s or hundreds of thousands in saved dollars every year.Stop making excuses and get to work.Just a few months of part-time learning about taxes will pay you for the rest of your career.

My ideal property is a detached single-family distressed, 3/1 or 3/2 home in an A or B neighborhood with good schools, ideally in the $200K-$300K range.

I’ve been evaluating deals on single family homes in Lawton, OK and the cash flow seems pretty nice.