Mine were: 216 Earl Street, Daytona Beach, FL, purchase price $325,000 and $289,0001189 Jimmy Ann Drive, Daytona Beach, FL purchase price $89,000 and $135,000There were 4 contracts, two for each address with the different prices, had the seller's name and his name as the buyer.  

Are there areas you do not want to invest in because of travel time, lack of a network, or other life factors? 

You are going to the job site and picking up the part and bringing it to return to the locker at Whole Foods or boxing up and driving it Idaho?

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

Also, consider factoring in a conservative appreciation rate and double-checking your repair estimates.Hope this helps!

@Audrey Sommeron where specifically to live, and what makes the most sense given all the factors - that's totally up to you. 

Turnkey properties are popular in Old North, Merion Village, Southern Orchards, Old Towne East, Driving Park, North Linden, North Hilltop, Franklinton, Reynoldsburg, and Hungarian Village.For BRRRR and Fix & Flip, consider Eastmoor, Hilltop, Whitehall, and Linden.

If you have commercial experience and are an excellent asset manager (managing the property manager, driving revenue, reducing expenses,  managing GCs)You wont just provide value to a sponsorYou will be highly sought-after after by sponsorship groups.The ones worth their salt know how incredibly valuable a strong asset manager is (and how much work it takes)So if you can bring that skillset, I have a feeling it won't take long for you to find a sponsorship team. 

There is no HOA  and the setting is such that a person would not drive up and necessarily see the roof.

a simple drive by would have probably shown the property was in the HOOD..