@Isaac Terry Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

The profit was used to buy a higher quality SFH in the same area.

Historically, full service management on the coast has been costly but in recent months management rates have come down and quality has improved.

It was the purchase that jump started my real estate investing career by providing a high consistent cash flow, and a large capital gain 4 years later.

That's where good people live, and good people make good tenants.But before you put money down on a house, I would find a quality property manager.

As Josh mentioned, it's important to find your right fit, I wouldn't focus solely on price especially if you're looking to be very hands off and you're looking for quality. 

Looking to construct a duplex at a reasonable cost but also quality for long term durability.Thank you!

I had the same uneasy feeling thinking about ditching my W2 job to pursue a career in real estate, when the market turned for the worst.

I've had a long career in community development and have a lot of bank contacts that would likely be interested in investing, but I'd need to prove the concept first with an initial fund (there are also a lot of other community development tools that could be leveraged to maximize and scale this).

Haha I bet there's been some crazy stuff out there but the one's I'll put up will definitely of better quality and insulated.